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Does Relative Income Matter for the Very Poor? Evidence from Rural Ethiopia

Akay, Alpaslan; Martinsson, Peter - 2021

We studied whether relative income has an impact on subjective well-being among extremely poor people. Contrary to the findings in developed countries, where relative income has shown a significant and negative impact on subjective well-being, we cannot reject the hypothesis that relative income...

Persistent link: https://www.econbiz.de/10013324804

Attitudes Toward Uncertainty Among the Poor : Evidence from Rural Ethiopia

Akay, Alpaslan - 2013

We looked at risk and ambiguity attitudes among Ethiopian peasants in one of the poorest regions of the world and compared their attitudes to a standard Western university student sample elicited by the same decision task. Strong risk aversion and ambiguity aversion were found with the Ethiopian...

Persistent link: https://www.econbiz.de/10013095831

The Persistence of Informality : Evidence from Panel Data

Akay, Alpaslan - 2011

Informality is a growing phenomenon in the developing and transition country labor market context. In particular, it is noticeable that working in an informal employment relationship is often not temporary. The degree of persistence of informality in the labor market might be due to different...

Persistent link: https://www.econbiz.de/10013117623

Life Satisfaction and Air Quality in Europe

Ferreira, Susana - 2012

Concerns for environmental quality and its impact on people's welfare are fundamental arguments for the adoption of …

Persistent link: https://www.econbiz.de/10013103468

Sundays are Blue : Aren't They? The Day-of-The-Week Effect on Subjective Well-Being and Socio-Economic Status

Akay, Alpaslan - 2009

This paper analyses whether individuals are influenced by the day of the week when reporting subjective well-being. By using a large panel data set and controlling for observed and unobserved individual characteristics, we find a large day-of the-week effect. Overall, we find a 'blue' Sunday...

Persistent link: https://www.econbiz.de/10013154480

Life Satisfaction, Pro-Activity, and Employment

Akay, Alpaslan; Karabulut, Gokhan; Yilmaz, Levent - 2021

Using longitudinal data from the German Socio-Economic Panel (GSOEP), this paper investigates how pro-active time-use (e.g., in sports/arts/socializing) relates to subjective well-being of the unemployed and their probability of finding a new job. Allowing for a variety of socio-demographic and...

Persistent link: https://www.econbiz.de/10013246030

Back to Bentham, Should We? Large-Scale Comparison of Experienced Versus Decision Utility

Akay, Alpaslan - 2017

Subjective well-being (SWB) data is increasingly used to perform welfare analyses. Interpreted as 'experienced utility …. Results point to an overall congruence between these two types of welfare measures. We question whether these findings hold in … welfare measures arise for particular subgroups, lending themselves to intuitive explanations that we illustrate for specific …

Persistent link: https://www.econbiz.de/10012948690