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The Shadow Prices of Voluntary Caregiving: Using Panel Data of Well-Being to Estimate the Cost of Informal Care

McDonald, Rebecca; Powdthavee, Nattavudh - 2018

This paper uses the wellbeing valuation (WV) approach to estimate and monetize the wellbeing impacts of informal care provision on caregivers. Using nationally representative longitudinal data from the U.K., we address two challenging methodological issues related to the economic valuation of...

Persistent link: https://www.econbiz.de/10011873549

Happiness and the human development index: the paradox of Australia

Blanchflower, David G.; Oswald, Andrew J. - 2005

happiness, considers implications for policymakers, and explores where Australia lies in international subjective well …, where a common language should help subjective measures to be reliable, Australia performs poorly on a range of happiness …

Persistent link: https://www.econbiz.de/10010267314

Does happiness adapt? A longitudinal study of disability with implications for economists and judges

Oswald, Andrew J.; Powdthavee, Nattavudh - 2006

Economics ignores the possibility of hedonic adaptation (the idea that people bounce back from utility shocks). This paper argues that economists are wrong to do so. It provides longitudinal evidence that individuals who become disabled go on to exhibit recovery in mental wellbeing. Adaptation...

Persistent link: https://www.econbiz.de/10010267773

Death, happiness, and the calculation of compensatory damages

Oswald, Andrew J.; Powdthavee, Nattavudh - 2007

paper explores how happiness regression equations might be used in tort cases to calculate compensatory damages for …

Persistent link: https://www.econbiz.de/10010268271

Imitative obesity and relative utility

Blanchflower, David G.; Oswald, Andrew J.; Van … - 2009

If human beings care about their relative weight, a form of imitative obesity can emerge (in which people subconsciously keep up with the weight of the Joneses). Using Eurobarometer data on 29 countries, this paper provides cross-sectional evidence that overweight perceptions and dieting are...

Persistent link: https://www.econbiz.de/10010269287

Is well-being U-shaped over the life cycle?

Blanchflower, David G.; Oswald, Andrew J. - 2007

We explore the idea that happiness and psychological well-being are U-shaped in age. The main difficulty with this …

Persistent link: https://www.econbiz.de/10010271880

International evidence on well-being

Blanchflower, David G. - 2008

paper I review cross-country evidence on happiness and life satisfaction and consider whether these data will likely be … replaced by the U-index. I find that first, that there are many similarities. According to both measures happiness is higher … happiness that is unavailable on the U-index. For example, according to happiness research well-being across nations is lower …

Persistent link: https://www.econbiz.de/10010271883

The Scots may be brave but they are neither healthy nor happy

Bell, David N.F.; Blanchflower, David G. - 2005

On almost all measures of physical health, Scots fare worse than residents of any other region of the UK and often worse than the rest of Europe. Deaths from chronic liver disease and lung cancer are particularly prevalent in Scotland. The self-assessed wellbeing of Scots is lower than that of...

Persistent link: https://www.econbiz.de/10010272699

Youth unemployment in Europe and the United States

Bell, David N. F.; Blanchflower, David G. - 2011

are weekly wages and happiness. Our results show significant effects at age 50 from early adulthood unemployment. These …

Persistent link: https://www.econbiz.de/10010278726

Life satisfaction and grandparenthood: Evidence from a nationwide survey

Powdthavee, Nattavudh - 2011

This paper tests whether there is a potential payoff to grandparenthood in terms of life satisfaction. Using the new nationwide survey for the UK, which consists of over 5,000 grandparents and 6,000 non-grandparents aged 40 and above, and a flexible multiple-index ordered probit model with...

Persistent link: https://www.econbiz.de/10010278742