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higher satisfaction with free time, while time spent on hobbies increases to a lesser extent than home production …. Additionally, satisfaction with family life increases, which may be a hidden benefit of being unemployed. In contrast, satisfaction …
Persistent link: https://www.econbiz.de/10011688216
Using specific panel data of German welfare benefit recipients, we investigate the nonpecuniary life satisfaction … makes people generally better off than being unemployed, but employed welfare recipients do not reach the life satisfaction …
Persistent link: https://www.econbiz.de/10011515336
Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons …
Persistent link: https://www.econbiz.de/10010349860
Revolution show higher life satisfaction and better labor market outcomes in the new economic system. Former members of the …
Persistent link: https://www.econbiz.de/10012745263
children's life satisfaction. When controlling for time-invariant individual heterogeneity, our results suggest that maternal …
Persistent link: https://www.econbiz.de/10014431287
show that such signals may increase the salience of the issue in question and hence diminish the life satisfaction of … citizens with low political trust. For citizens with high trust, such signals appear to enhance life satisfaction. This means …
Persistent link: https://www.econbiz.de/10013440309
The purpose of this study is to explore the relationship between individuals' satisfaction with amenities and … infrastructure) and applying Probit regressions, our results show that satisfaction with amenities and environmental quality … more pronounced in urban areas, particularly in large cities. We also find that individuals' satisfaction with amenities …
Persistent link: https://www.econbiz.de/10014295085
We ask individuals for their reservation price of a specified lottery and deduce their Arrow-Pratt measure of risk … aversion. This allows direct testing of common hy-poth-eses on risk atti-tudes in three datasets. We find that risk aversion … indeed falls with income and wealth. Entre-preneurs are less risk averse than employees, civil servants are more risk averse …
Persistent link: https://www.econbiz.de/10009781644
This paper argues for an alternative methodology to estimate the value of risk to life. By relaxing the assumption of … additive separability, we introduce risk aversion with respect to the length of life and show that the extended model better …
Persistent link: https://www.econbiz.de/10011450654
As predicted by loss aversion, numerous studies find that penalties elicit greater effort than bonuses, even when the underlying payoffs are identical. However, loss aversion also predicts that workers will demand higher wages to accept penalty contracts. In six experiments I recruited workers...
Persistent link: https://www.econbiz.de/10011602519