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

Age, life-satisfaction, and relative income : insights from the UK and Germany

FitzRoy, Felix R.; Nolan, Michael A.; Steinhardt, Max … - 2011

We first confirm previous results with the German Socio-Economic Panel by Layard et al. (2010), and obtain strong negative effects of comparison income. However, when we split the sample by age, we find quite different results for reference income. The effects on life-satisfaction are positive...

Persistent link: https://www.econbiz.de/10009516928

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

Education, income and happiness : panel evidence for the UK

FitzRoy, Felix R.; Nolan, Michael A. - 2017

Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went from lowest to highest LS, though their average...

Persistent link: https://www.econbiz.de/10011770417

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

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