Showing 1 - 10 of 432
We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …
Persistent link: https://www.econbiz.de/10008697413
happiness research is able to contribute important insights for economics. We report how the economic variables income …
Persistent link: https://www.econbiz.de/10011398921
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 … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …
Persistent link: https://www.econbiz.de/10011346880
Empirical welfare analyses often impose stringent parametric assumptions on individuals' preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...
Persistent link: https://www.econbiz.de/10012513281
Using panel data from 1985 to 2019, we provide the first comprehensive investigation of the relationship between trade union membership and job satisfaction in Germany. Cross-sectional analyses reveal a negative correlation, while fixed effects estimates indicate an insignificant relationship....
Persistent link: https://www.econbiz.de/10013332094
life cycle and its response to income variations to help strengthen the energy policy-making process. Our empirical … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …
Persistent link: https://www.econbiz.de/10012415417
In addition to realized earnings and employment shocks, forward-looking individuals are presumed to condition their consumption and labor supply decisions on their subjective beliefs about future labor market risks. This paper analyzes these perceptions of earnings and employment risks using...
Persistent link: https://www.econbiz.de/10014227723
Although lower income is associated with overweight (and obesity), such an association is explained by a number of … other confounding effects such as omitted variables (e.g., time preferences) explaining that income effect on overweight. We … study the effect of unearned income shocks resulting from a lottery win (windfall income) on both overweight (alongside …
Persistent link: https://www.econbiz.de/10012383690
attitudes. Along with the subjects’ receptiveness to right-wing populism, we elicit their perceived relative income positions in … a representative survey of German households. We find that people with pessimistic beliefs about their income position … differences in the mechanism: Misperception triggers income dissatisfaction for both men and women, but the former are much more …
Persistent link: https://www.econbiz.de/10013440316
and age distribution across countries in a fundamental way. In this paper we focus on the income consequences of these … changes for the global income distribution. Key in this respect are changes in the so-called demographic dividend associated … demographic dividend to income projections. Our findings are as follows. First, show that historically the impact of demography on …
Persistent link: https://www.econbiz.de/10014529194