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Individual rationality and learning : welfare expectations in East Germany post-reunification

Frijters, Paul; Haisken-DeNew, John P.; Shields, Michael - 2002

In this paper we test the Rational Expectations hypothesis using longitudinal data on expectations and realizations of individual welfare for East Germans in the years following reunification. German reunification was unexpected and delivered a large shock to the future prospects of the...

Persistent link: https://www.econbiz.de/10011411452

Back to bentham, should we? : large-scale comparison of experienced versus decision utility

Akay, Alpaslan; Bargain, Olivier; Jara, H. Xavier - 2017

Subjective well-being (SWB) data is increasingly used to perform welfare analyses. Interpreted as 'experienced utility', SWB has recently been compared to 'decision utility' using specific experiments, most often based on stated preferences. Results point to an overall congruence between these...

Persistent link: https://www.econbiz.de/10011709615

"Fair" welfare comparisons with heterogeneous tastes : subjective versus revealed preferences

Akay, Alpaslan; Bargain, Olivier; Jara, H. Xavier - 2017

Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...

Persistent link: https://www.econbiz.de/10011709621

The economic and social determinants of migrants' well-being during the global financial crisis

Danzer, Alexander M.; Dietz, Barbara - 2018

This paper investigates the economic and social determinants affecting the well-being of temporary migrants before, during and after the financial crisis. Exploiting unique panel data which cover migration spells from Tajikistan between 2001 and 2011, we find that migrants earn less but stay...

Persistent link: https://www.econbiz.de/10011785812

Victimisation, wellbeing and compensation : using panel data to estimate the costs of violent crime

Johnston, David; Shields, Michael; Suziedelyte, Agne - 2015

The costs of violent crime victimisation are often left to a judge, tribunal or jury to determine; leading to the potential for considerable subjectivity and variation. Using unique panel data, this paper provides compensation estimates that can help reduce the subjectivity of awards by giving a...

Persistent link: https://www.econbiz.de/10011317630

The value of reunification in Germany : an analysis of changes in life satisfaction

Frijters, Paul; Haisken-DeNew, John P.; Shields, Michael - 2002

We quantify the value of changes in life circumstances in Germany following reunification. To this end, we develop and implement a fixed-effect estimator for ordinal life satisfaction in the German Socio-Economic Panel. We find strong negative effects on life satisfaction from being recently...

Persistent link: https://www.econbiz.de/10011405835

Socio-economic status, health shocks, life satisfaction and mortality : evidence from an increasing mixed proportional hazard model

Frijters, Paul (contributor); … - 2005

The socio-economic gradient in health remains a controversial topic in economics and other social sciences. In this paper we develop a new duration model that allows for unobserved persistent individual-specific health shocks and provides new evidence on the roles of socio-economic...

Persistent link: https://www.econbiz.de/10002615800

The paradox of declining female happiness

Stevenson, Betsey; Wolfers, Justin - 2009

that measures of subjective well-being indicate that women's happiness has declined both absolutely and relative to men …-being, and is pervasive across demographic groups and industrialized countries. Relative declines in female happiness have eroded … a gender gap in happiness in which women in the 1970s typically reported higher subjective well-being than did men …

Persistent link: https://www.econbiz.de/10003859341

Happy taxpayers? : income taxation and well-being

Akay, Alpaslan; Bargain, Olivier; Dolls, Mathias; … - 2012

This paper offers a first empirical investigation of how labor taxation (income and payroll taxes) affects individuals' well-being. For identification, we exploit exogenous variation in tax rules over time and across demographic groups using 26 years of German panel data. We find that the tax...

Persistent link: https://www.econbiz.de/10009665536

Destined for (un)happiness : does childhood predict adult life satisfaction?

Frijters, Paul; Johnston, David W.; Shields, Michael - 2011

In this paper we address the question of how much of adult life satisfaction is predicted by childhood traits, parental characteristics and family socioeconomic status. Given the current focus of many national governments on measuring population well-being, and renewed focus on effective policy...

Persistent link: https://www.econbiz.de/10009310156