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Reference income effects in the determination of equivalence scales using income satisfaction data
Borah, Melanie; Knabe, Andreas; Kuhställer, Carina - 2016
We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend previous studies applying this approach by taking reference income into account. This allows separating needs-based from reference effects in the determination of income...
Persistent link: https://www.econbiz.de/10011547742
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Income or leisure? : on the hidden benefits of (un-)employment
Chadi, Adrian; Hetschko, Clemens - 2017
We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German panel data. We compare non-employed individuals after plant closures with employed people regarding both income and time use as well as their subjective perceptions of these two...
Persistent link: https://www.econbiz.de/10011688216
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Direct evidence for income comparisons and subjective well-being across reference groups
Goerke, Laszlo; Pannenberg, Markus - 2015
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB...
Persistent link: https://www.econbiz.de/10011346880
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The subjective well-being of workfare participants : insights from a day reconstruction survey
Knabe, Andreas; Schöb, Ronnie; Weimann, Joachim - 2015
In this paper, we shed more light on the subjective well-being of workfare participants and compare it to the well-being of unemployed and employed workers. We use data from a self-conducted survey among participants in workfare schemes in Germany. We examine two subdimensions of subjective...
Persistent link: https://www.econbiz.de/10011280847
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Beyond Bentham : measuring procedural utility
Frey, Bruno S.; Stutzer, Alois - 2001
enjoy the corresponding procedural utility. Utility is measured by individuals reported subjective well-being or happiness …
Persistent link: https://www.econbiz.de/10011398899
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Happy times : measuring happiness using response times
Liu, Shuo; Netzer, Nick - 2023
Surveys that measure subjective states like happiness or preferences often generate discrete ordinal data. Ordered … happiness or other variables are detectable based on response time data without making distributional assumptions. In our survey …
Persistent link: https://www.econbiz.de/10014251062
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Estimating the influence of life satisfaction and positive affect on later income using sibling fixed-effects
De Neve, Jan-Emmanuel; Oswald, Andrew J. - 2012
happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and … indirect effects that carry the influence from happiness to income. Significant mediating pathways include a higher probability …
Persistent link: https://www.econbiz.de/10009683363
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Inequality and happiness : when perceived social mobility and economic reality do not match
Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A. V. - 2010
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the … social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find …. Consistent with our theoretical model, the results for high-mobility countries turn out to be ambiguous. -- happiness ; life …
Persistent link: https://www.econbiz.de/10008697799
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Well-being inequality and reference groups : an agenda for new research
Praag, Bernard M. S. van - 2010
happiness inequality in happiness studies. We plead for an extension of the present happiness paradigm by setting up a new … being ; happiness ; inequality ; reference group …
Persistent link: https://www.econbiz.de/10003944694
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Group-specific redistribution, inequality, and subjective well-being in China
Deng, Peihua; Schöb, Ronnie - 2022
Using survey data from the China Family Panel Studies (CFPS) from 2010 to 2018, this paper analyzes the relationship between income inequality, group-specific income redistribution, and subjective well-being among China's urban, rural, and migrant populations. Using narrowly defined reference...
Persistent link: https://www.econbiz.de/10013285661