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Engel Curves, Spatial Variation in Prices and Demand for Commodities in Côte D'Ivoire
Gbakou, Monnet - 2011
This paper aims to estimate the price and income elasticities of the demand for essential commodities in Cote d …), we analyse price effects on the demand for groups of commodities by exploiting a relationship between unit values and … commodity quantities and deriving Engel curves. Our findings reveal that the own-price elasticity of meat and dairy products is …
Persistent link: https://www.econbiz.de/10013128830
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An Essay on Real Wage Index Numbers
Pencavel, John H. - 2011
Real wage index numbers have been used to measure movements in the standard of living of the typical worker. This paper describes some of these indicators for the United States and England. A new real wage index is proposed that resembles the sliding scale used to adjust wages in certain...
Persistent link: https://www.econbiz.de/10013130789
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W. - 2011
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10013132818
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Work to Live or Live to Work? Unemployment, Happiness, and Culture
Krause-Pilatus, Annabelle - 2011
Happiness drops when individuals become unemployed. The negative impact of the unemployment shock, however, may differ by cultural background. To test the hypothesis of a 'Teutonic work ethic,' this paper takes advantage of Switzerland in its cultural diversity. By comparing different cultural...
Persistent link: https://www.econbiz.de/10013118278
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The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010
Loughrey, Jason - 2011
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland … component using the Atkinson Social Welfare Function. The efficiency component includes the behavioural response to price … of households in response to price changes in most years …
Persistent link: https://www.econbiz.de/10013124494
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Differences in Quality of Life Estimates Using Rents and Home Values
Winters, John V. - 2012
Quality of life differences across areas can be measured by differences in “real wages”, where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured....
Persistent link: https://www.econbiz.de/10013103501
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Subjective Well‐Being and Income : Is There Any Evidence of Satiation?
Stevenson, Betsey - 2013
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10013082755
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Poverty, Inequality, and the Local Natural Resource Curse
Loayza, Norman - 2013
The extent to which local communities benefit from commodity booms has been subject to wide but inconclusive investigations. This paper draws from a new district-level database to investigate the local impact on socioeconomic outcomes of mining activity in Peru, which grew almost twentyfold in...
Persistent link: https://www.econbiz.de/10013085487
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The Wealth, Health and Wellbeing of Ireland's Older People Before and During the Economic Crisis
Barrett, Alan - 2013
The economic crisis of 2008/9 was felt more acutely in Ireland relative to elsewhere and culminated in the international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth collapses and movements in variables such as health and...
Persistent link: https://www.econbiz.de/10013071290
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Gradients of the Intergenerational Transmission of Health in Developing Countries
Bhalotra, Sonia R. - 2010
This paper investigates the sensitivity of the intergenerational transmission of health to exogenous changes in income, education and public health, changes that are often delivered by economic growth. It uses individual survey data on 2.24 million children born to 600000 mothers during...
Persistent link: https://www.econbiz.de/10013151296