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(panel) data. By examining labor market transitions, earnings levels, and earnings growth and their correlates using a recent … than females in terms of the levels of unemployment. In terms of earnings, the picture is reversed, with females being … worse off in terms of the levels of earnings, while they have experienced somewhat smaller earnings decreases than males …
Persistent link: https://www.econbiz.de/10010282280
We reassess the empirical effect of income and employment on self-reported well-being. Our analysis makes use of a novel two-step estimation procedure that allows applying instrumental variable regressions with ordinal observable data. As suggested by the theory of incomplete markets, we...
Persistent link: https://www.econbiz.de/10010283993