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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
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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
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Putting different price tags on the same health condition : re-evaluating the well-being valuation approach
Powdthavee, Nattavudh; Berg, Bernard van den - 2011
valuations ; happiness ; health ; GHQ …
Persistent link: https://www.econbiz.de/10009230278
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What predicts a successful life? : a life-course model of well-being
Layard, Peter R. G.; Clark, Andrew E.; Cornaglia, Francesca - 2013
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970). The most powerful childhood...
Persistent link: https://www.econbiz.de/10010201282
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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
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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
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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