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decisions or with income- leisure satisfaction. For different ethical priors regarding work preferences, we compare the welfare … from the observation of individual choices (revealed preferences) or from self-declared satisfaction following these … based on income-leisure preferences. We estimate ordinal preferences that are either consistent with actual labor supply …
Persistent link: https://www.econbiz.de/10011709621
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
In this paper, we use stated satisfaction to estimate social preferences: subjects report their satisfaction with … that eliciting stated satisfaction is relatively easy to implement and is less prone to being confounded with motives like … constant payment and to changing the range of the other subject's payments. Methodologically, eliciting satisfaction can be an …
Persistent link: https://www.econbiz.de/10012517850
Several reforms increased the state pension age (SPA) in the UK and equalised it to age 65 for both men and women. We use panel data and a difference-in-difference approach to comprehensively analyse the direct and indirect effects of these reforms, investigating mechanisms for indirect effects....
Persistent link: https://www.econbiz.de/10012266092
consumption-leisure trade-off, we estimate discrete choice labor supply models using harmonized microdata for 11 European …
Persistent link: https://www.econbiz.de/10009518409
We use micro data from the European Social Survey to investigate the impact of “culture of leisure” and taxes on labor …. We construct measures of "taste for leisure" in the country of origin of each immigrant father. We employ average and … leisure impact participation and hours worked. For men, taxes influence labor supply both at the intensive and the extensive …
Persistent link: https://www.econbiz.de/10011309018
A growing literature in economics uses subjective well-being data collected in surveys as a proxy for utility. Environmental economists have combined these data with the public goods experienced by respondents using a novel non-market valuation approach: the experienced preference approach. In...
Persistent link: https://www.econbiz.de/10014454771
that life satisfaction is significantly lower among women whose work hours exceed their partners, holding the share of wife …
Persistent link: https://www.econbiz.de/10011594073
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010359304
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda. Other-regarding preferences may also affect support for redistribution, but knowledge about their distribution in the broader population and how they are associated with political...
Persistent link: https://www.econbiz.de/10012886952