Showing 1 - 10 of 52
This paper uses sequential stochastic dominance procedures to compare the joint distribution of health and income across space and time. It is the first application of which we are aware of methods to compare multidimensional distributions of income and health using procedures that are robust to...
Persistent link: https://www.econbiz.de/10010269622
Whether observed differences in redistributive policies across countries are the result of differences in social preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To shed new light on this question, we estimate labor...
Persistent link: https://www.econbiz.de/10010274595
associated derived demands for labor. Individual and community factors may influence the average length of poverty spells. We … poverty rate of the county. We find that moving an individual from one standard deviation above the mean poverty rate to one … standard deviation below the mean poverty rate (from the inner city to the suburbs) lowers the average poverty spell by 20 …
Persistent link: https://www.econbiz.de/10010280680
A huge research literature, across the behavioral and social sciences, uses information on individuals' subjective well-being. These are responses to questions - asked by survey interviewers or medical personnel - such as how happy do you feel on a scale from 1 to 4? Yet there is little...
Persistent link: https://www.econbiz.de/10010269621
We explore the idea that happiness and psychological well-being are U-shaped in age. The main difficulty with this argument is that there are likely to be omitted cohort effects (earlier generations may have been born in, say, particularly good or bad times). First, using data on 500,000...
Persistent link: https://www.econbiz.de/10010271880
The internet has become an important data source for the Social Sciences because these data are available without lags, can be regarded as involuntary surveys and hence have no observer effect, can be geo-labeled, are available for countries across the globe and can be viewed in continuous time...
Persistent link: https://www.econbiz.de/10010278433
By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show that measures of subjective well-being indicate that women's happiness has declined both absolutely and relative to men. The paradox of women's declining relative well-being is...
Persistent link: https://www.econbiz.de/10010271230
This paper characterizes optimal income taxation when individuals respond along both the intensive and extensive margins. Individuals are heterogeneous across two dimensions: specifically, their skill and disutility of participation. Preferences over consumption and work effort can differ with...
Persistent link: https://www.econbiz.de/10010277028
We study optimal tax and educational policies in a dynamic private information economy, in which ex-ante heterogeneous individuals make an educational investment early in their life and face a stochastic wage distribution. We characterize labor and education wedges in this setting analytically...
Persistent link: https://www.econbiz.de/10010282325
Persistent link: https://www.econbiz.de/10011379961