Similar Search Results

The shadow prices of voluntary caregiving : using panel data of well-being to estimate the cost of informal care

McDonald, Rebecca; Powdthavee, Nattavudh - 2018

This paper uses the wellbeing valuation (WV) approach to estimate and monetize the wellbeing impacts of informal care provision on caregivers. Using nationally representative longitudinal data from the U.K., we address two challenging methodological issues related to the economic valuation of...

Persistent link: https://www.econbiz.de/10011865578

The welfare implications of addictive substances : a longitudinal study of life satisfaction of drug users

Moschion, Julie; Powdthavee, Nattavudh - 2017

This paper provides an empirical test of the rational addiction model, used in economics to model individuals' consumption of addictive substances, versus the utility misprediction model, used in psychology to explain the discrepancy between people's decision and their subsequent experiences. By...

Persistent link: https://www.econbiz.de/10011764676

Death, happiness, and the calculation of compensatory damages

Oswald, Andrew J. (contributor); … - 2007

paper explores how happiness regression equations might be used in tort cases to calculate compensatory damages for … compensation amounts are discussed. -- Bereavement ; damages ; happiness ; compensation ; well-being ; GHQ scores …

Persistent link: https://www.econbiz.de/10003608456

The asymmetric experience of positive and negative economic growth : global evidence using subjective well-being data

De Neve, Jan-Emmanuel; Ward, George W.; De Keulenaer, Femke - 2015

Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth are experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...

Persistent link: https://www.econbiz.de/10010498599

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/10009675122

Resilience to economic shocks and the long reach of childhood bullying

Powdthavee, Nattavudh - 2012

potential implications for economists and policy makers are discussed. -- resilience ; adaptation ; happiness ; unemployment …

Persistent link: https://www.econbiz.de/10009656125

Have econometric analyses of happiness data been futile? : a simple truth about happiness scales

Chen, Le-Yu; Oparina, Ekaterina; Powdthavee, Nattavudh; … - 2019

Econometric analyses in the happiness literature typically use subjective well-being (SWB) data to compare the mean of … observed or latent happiness across samples. Recent critiques show that com-paring the mean of ordinal data is only valid under … studies in the economics of happiness literature have been futile. In order to salvage some of the prior results and avoid …

Persistent link: https://www.econbiz.de/10011979193