Showing 1 - 10 of 31
Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10003895798
The COVID-19 pandemic has led many governments to implement lockdowns. While lockdowns may help to contain the spread of the virus, they may result in substantial damage to population well-being. We use Google Trends data to test whether the lockdowns implemented in Europe and America led to...
Persistent link: https://www.econbiz.de/10012210424
This paper documents a longitudinal crisis of midlife among the inhabitants of rich nations. Yet middle-aged citizens in our data sets are close to their peak earnings, have typically experienced little or no illness, reside in some of the safest countries in the world, and live in the most...
Persistent link: https://www.econbiz.de/10013367287
Using representative income and time use-data from the German Socio-Economic Panel (SOEP), we estimate non-monetary income advantages arising from home production and analyse their impact on economic inequality. As an alternative to existing measures, we propose a predicted wage approach based...
Persistent link: https://www.econbiz.de/10003814233
alternative private investments, our results indicate that they do not coincide in their impacts on income inequality and poverty … inequality and relative poverty, very much driven by the increasing share of outright ownership among the elderly. On the other … consideration of all components of private investment income for the purpose of welfare analysis, be they of a monetary or non …
Persistent link: https://www.econbiz.de/10003926726
While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting...
Persistent link: https://www.econbiz.de/10010195489
This paper estimates the exogenous effect of schooling on reduced incidence of hypertension. Using the changes in the minimum school-leaving age law in the United Kingdom from age 14 to 15 in 1947, and from age 15 to 16 in 1973, as sources of exogenous variation in schooling, the regression...
Persistent link: https://www.econbiz.de/10003945982
Does more schooling causes a delay in marriage? Using a nationwide change in the compulsory schooling law in the UK as a source of exogenous variation in education, this paper estimates the causal effect of schooling on age at first marriage. The 1947 reform, which uniquely affected about a half...
Persistent link: https://www.econbiz.de/10003981597
Many economists and educators favour public support for education on the premise that education improves the overall well-being of citizens. However, little is known about the causal pathways through which education shapes people's subjective well-being (SWB). This paper explores the direct and...
Persistent link: https://www.econbiz.de/10009739524
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 strong assumptions that are usually rejected by...
Persistent link: https://www.econbiz.de/10011979193