Showing 1 - 10 of 192
relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the … years 1997 to 2007 to conclude that the negative effect of inequality measured by the sample gini coefficient by year and … suggest that even though inequality and risk aversion are related, they are not the same thing. The paper shows that the …
Persistent link: https://www.econbiz.de/10010269638
We compare male and female upward labor income mobility in Germany and the United States using the GSOEP-PSID Cross National Equivalent File. Our main interest is to test whether a glass ceiling exists for women. The standard glass ceiling hypothesis highlights the belief that the playing field...
Persistent link: https://www.econbiz.de/10010274497
We examine the upward labor income mobility of men and women in Germany using the GSOEP Cross National Equivalent File. Women have greater overall income mobility. However, utilizing a measure of upward income mobility and calculating the posterior probability that men?s upward income mobility...
Persistent link: https://www.econbiz.de/10010274499
concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up … consists of the characteristics of the individuals belonging to his reference group. The vast literature about happiness … well-being is much less investigated. It is argued that the concept of well-being inequality cannot be properly defined …
Persistent link: https://www.econbiz.de/10010277027
In general child care subsidies are widely accepted as a means to create equal chances for mothers in the labour market as well as for children. Although there is a general consensus that the use of child care should be publicly supported, there is no consensus on how this should be done....
Persistent link: https://www.econbiz.de/10010276750
Volunteering constitutes one of the most important pro-social activities. Following Adam Smith, helping others is the way to higher individual well-being. This view contrasts with the selfish utility maximizer who avoids costs from helping others. The two rival views are studied empirically. We...
Persistent link: https://www.econbiz.de/10010261810
Posner (1995) proposes the redistribution of health spending from old women to old men to equalize life expectancy. His argument is based on the assumption that women's utility is higher if they are married. Thus, extending the lifespan of men would benefit women. Using life satisfaction data...
Persistent link: https://www.econbiz.de/10010269404
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the … study of whether the income effect depend on a person's happiness. In this paper we pinpoint the shortcomings of standard …
Persistent link: https://www.econbiz.de/10010261922
Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on reported satisfaction with life it is...
Persistent link: https://www.econbiz.de/10010267293
This paper analyzes the causal relationships between marriage and subjective well-being in a longitudinal data set spanning 17 years. We find evidence that happier singles opt more likely for marriage and that there are large differences in the benefits from marriage between couples. Potential,...
Persistent link: https://www.econbiz.de/10010267596