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Beyond GDP and Back : What is the Value-Added by Additional Components of Welfare Measurement?
de New (née Kassenboehmer), Sonja C. - 2011
Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective...
Persistent link: https://www.econbiz.de/10013130791
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Household Search or Individual Search : Does it Matter? Evidence from Lifetime Inequality Estimates
Flabbi, Luca - 2012
individual search specification implies gender differentials in lifetime utility inequality 74% larger. The results of our policy … experiments emphasize the importance of looking at lifetime utility inequality measures as opposed to simply cross-sectional wage …
Persistent link: https://www.econbiz.de/10013099113
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Relative Concerns of Rural-to-Urban Migrants in China
Akay, Alpaslan - 2014
As their environment changes, migrants constitute an interesting group to study the effect of relative income on subjective well-being. This paper focuses on the huge population of rural-to-urban migrants in China. Using a novel dataset, we find that the well-being of migrants depends on several...
Persistent link: https://www.econbiz.de/10013068561
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When Experienced and Decision Utility Concur : The Case of Income Comparisons
Clark, Andrew - 2015
regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from … these two sets of results. This kind of validation of experienced utility via direct comparison with decision utility …
Persistent link: https://www.econbiz.de/10013016299
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Remittances and Relative Concerns in Rural China
Akay, Alpaslan - 2015
substantial utility loss due to income comparisons, they gain utility by comparing their remittances with those received by their … respect to remittances. The magnitudes of these two opposite effects are very similar, implying that the utility reduction due … to relative income is compensated by the utility gain due to relative remittances. This finding is robust to various …
Persistent link: https://www.econbiz.de/10013016326
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Beliefs and Utility : Experimental Evidence on Preferences for Information
Falk, Armin - 2016
consumption have direct utility-consequences. This gives rise to informational preferences, i.e., preferences over the timing and …
Persistent link: https://www.econbiz.de/10012983901
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Individual Well-Being in a Dynamic Perspective
D'Ambrosio, Conchita - 2011
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10012756895
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Mums and their Sons, Dads and their Daughters : Panel Data Evidence of Interdependent Marginal Utilities across 14 EU Countries
Molina, Jose Alberto; Navarro, Maria; Walker, Ian - 2021
We study how fathers and mothers income satisfaction correlates with the income satisfaction of their sons and daughters, as well as with other economic and socio-demographic variables. We estimate these correlations using data on parents and children in households surveyed in the eight waves of...
Persistent link: https://www.econbiz.de/10013317129
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The Impact of Government Spending on GDP in a Remitting Country
Al‐Abri, Almukhtar S. - 2018
The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...
Persistent link: https://www.econbiz.de/10012914328
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How Large is the Private Sector in Africa? Evidence from National Accounts and Labor Markets
Stampini, Marco - 2012
In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most simple and fundamental question remains unanswered: how large is the African private sector? We present novel estimates of the size of the private sector in 50 African...
Persistent link: https://www.econbiz.de/10013112779