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Subjective well-being (SWB) data is increasingly used to perform welfare analyses. In- terpreted 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/10012112116
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/10012221742
A small but significant literature concludes that terrorism impacts the economy, although the impact of mass-shooting has not yet been addressed by economists. We compare the economic effects of two tragedies: the 2013 Boston Marathon Bombing and the 2012 Sandy Hook School Shooting. Fatal...
Persistent link: https://www.econbiz.de/10012110427
This paper examines the optimal direction of marginal income tax reform in the context of New Zealand, which recently reduced its top marginal income tax rate to one of the lowest in the OECD. A behavioural microsimulation model is used, in which social welfare functions are defined in terms of...
Persistent link: https://www.econbiz.de/10012131230
This study investigates the emotional experiences of immigrants and native- born individuals in the United States, exploring the relationship between daily activities and feelings of happiness, stress, and meaningfulness. We analyze the entire range of daily activities and their durations,...
Persistent link: https://www.econbiz.de/10014318984
Shocks to health have been shown to reduce labour supply for the individual affected. Less is known about household self-insurance through a partner's response to a health shock. Previous studies have presented inconclusive empirical evidence on the existence of a healthrelated 'added worker...
Persistent link: https://www.econbiz.de/10012496674
The rising cost of old-age dependency in Europe and elsewhere invariably leads to reforms aimed at raising the effective age or retirement. But do older individuals have the health/cognitive capacity to work longer? Following Cutler et al. (2012), this paper asks how much older individuals could...
Persistent link: https://www.econbiz.de/10012163057
In this paper, we use EUROMOD, the tax-benefit microsimulation model of the European Union, to investigate the impact of marriage-related tax-benefit instruments on the labour supply of married couples. For each married partner, we estimate their individual marginal effective tax rate and net...
Persistent link: https://www.econbiz.de/10013329772
This paper contributes to the debate on the revision of the Barcelona targets on childcare, as promoted by the European Commission in 2022, that aims to provide childcare for children below the age of 3. Using EUROLAB, a structural model of labour supply that can also accounts for labour demand...
Persistent link: https://www.econbiz.de/10013541979
This paper uses data from the Survey of Health, Ageing and Retirement in Europe to analyze the effect of spousal health shocks on own labor supply decisions. Results from the analysis suggest minimal changes to the probability of work and the intensity of work for both husbands and wives of...
Persistent link: https://www.econbiz.de/10013254027