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Quantifying the intangible impact of the olympics using subjective well-being data

Dolan, Paul; Kavetsos, Georgios; Krekel, Christian; … - 2019

Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show...

Persistent link: https://www.econbiz.de/10012063244

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

You can’t be happier than your wife : happiness gaps and divorce

Guven, Cahit; Senik-Leygonie, Claudia; Stichnoth, Holger - 2009

This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts …. The relation between happiness gaps and divorce may be due to the fact that couples which are unable to transfer utility … are more at risk than others. It may also be the case that assortative mating in terms of happiness baseline-level reduces …

Persistent link: https://www.econbiz.de/10003923636

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

Retirement and unexpected health shocks

Apouey, Bénédicte H.; Guven, Cahit; Senik-Leygonie, … - 2017

Do people form correct expectations about the impact of retirement on their health? This paper looks at unexpected health shocks that hit people after they retire. Using data from the Household, Income and Labour Dynamics in Australia survey (waves 2001-2014), we construct measures of unexpected...

Persistent link: https://www.econbiz.de/10011776035

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

Time-use and subjective well-being : is diversity really the spice of life?

Friedman-Sokuler, Naomi; Senik-Leygonie, Claudia - 2023

Using the American and the French time-use surveys, we examine whether people have a preference for a more diversified mix of activities, in the sense that they experience greater well-being when their time schedule contains many different activities rather than is concentrated on a very small...

Persistent link: https://www.econbiz.de/10014250546

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