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The new stylized facts about income and subjective well-being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2012
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10010291356
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Putting different price tags on the same health condition: Re-evaluating the well-being valuation approach
Powdthavee, Nattavudh; van den Berg, Bernard - 2011
Many recent writings in health policy have proposed that health be valued directly and in monetary terms using the new well-being valuation method. Yet there is currently no clear consensus on what the best measure of individual's experience may be for the evaluation process. To shed light on...
Persistent link: https://www.econbiz.de/10010278781
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Multidimensional well-being at the top: Evidence for Germany
Peichl, Andreas; Pestel, Nico - 2011
This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using … nonmaterial quality of life as well as self-reported satisfaction with life as dimensions. We find that one third of the German …-being distribution has decreased over time. Moreover, health as well as life satisfaction contribute quite substantially to …
Persistent link: https://www.econbiz.de/10010282585
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Decentralization, happiness and the perception of institutions
Diaz-Serrano, Luis; Rodríguez-Pose, Andrés - 2011
Europe deliver greater satisfaction with political institutions and lead to greater personal happiness. The analysis uses … the level of satisfaction with political and economic institutions and with the education and health systems, whereas the …
Persistent link: https://www.econbiz.de/10010278374
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Modern Economic Growth and Quality of Life: Cross Sectional and Time Series Evidence
Easterlin, Richard A.; Angelescu, Laura - Institute for the Study of Labor (IZA) - 2007
sometimes, as in the case of happiness and life satisfaction, QoL indicators remain unchanged despite a doubling or more of real …
Persistent link: https://www.econbiz.de/10005703354
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Wages, rents and heterogeneous moving costs
Krupka, Douglas J.; Donaldson, Kwame - 2007
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10010268206
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Do non-economic quality of life factors drive immigration?
Lewer, Joshua J.; Pacheco, Gail; Rossouw, Stephanié - 2009
This paper contributes to the immigration literature by generating two unique non-economic quality of life (QOL) indices and testing their role on recent migration patterns. Applying the generated quality of life indices in conjunction with other independent welfare measures to an extended...
Persistent link: https://www.econbiz.de/10010271304
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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. Previous...
Persistent link: https://www.econbiz.de/10010287640
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Compensating Differentials in Emerging Labor and Housing Markets: Estimates of Quality of Life in Russian Cities
Berger, Mark C.; Blomquist, Glenn C.; Sabirianova … - 2003
The existence of compensating differentials in Russian labor and housing markets is examined using data from the Russian Longitudinal Monitoring Survey (RLMS) augmented by city and regional-specific characteristics from other sources. While Russia is undergoing transition to a market economy, we...
Persistent link: https://www.econbiz.de/10010261613
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Beyond GDP and back: What is the value-added by additional components of welfare measurement?
Kassenböhmer, Sonja C.; Schmidt, Christoph M. - 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/10010274684