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The Emerging Aversion to Inequality: Evidence from Poland 1992–2005
Grosfeld, Irena; Senik, Claudia - Institute for the Study of Labor (IZA) - 2008
This paper provides an illustration of the changing tolerance for inequality in a context of radical political and … economic transformation and rapid economic growth. We focus on the Polish transition experience, and explore individuals' self … institute (CBOS) from 1992 to 2005, we identify a structural break in the relationship between income inequality and subjective …
Persistent link: https://www.econbiz.de/10005761970
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Direct evidence on income comparisons and their welfare effects
Senik, Claudia - 2007
This paper provides unheard direct evidence that comparisons exert a significant effect on subjective well-being. It also evaluates the relative importance of different types of benchmarks. Dynamic comparisons outweigh static ones. Internal benchmarks are more important than external reference...
Persistent link: https://www.econbiz.de/10010268177
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Direct Evidence on Income Comparisons and their Welfare Effects
Senik, Claudia - Institute for the Study of Labor (IZA) - 2007
This paper provides unheard direct evidence that comparisons exert a significant effect on subjective well-being. It also evaluates the relative importance of different types of benchmarks. Dynamic comparisons outweigh static ones. Internal benchmarks are more important than external reference...
Persistent link: https://www.econbiz.de/10005761954
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Are Oligarchs Productive? Theory and Evidence
Gorodnichenko, Yuriy; Grygorenko, Yegor - Institute for the Study of Labor (IZA) - 2008
, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …
Persistent link: https://www.econbiz.de/10005763656
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External validation of the use of vignettes in cross-country health studies
Gupta, Nabanita Datta; Kristensen, Nicolai; Pozzoli, Dario - 2009
Cross-country comparisons of subjective assessments are rendered difficult if not impossible because of sub-population specific response style. To correct for this, the use of vignettes has become increasingly popular, notably within cross-country health studies. However, the validity of...
Persistent link: https://www.econbiz.de/10010269169
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The Value of Reunification in Germany: An Analysis of Changes in Life Satisfaction
Frijters, Paul; Haisken-DeNew, John P.; Shields, Michael A. - 2002
We quantify the value of changes in life circumstances in Germany following reunification. To this end, we develop and implement a fixed-effect estimator for ordinal life satisfaction in the German Socio-Economic Panel. We find strong negative effects on life satisfaction from being recently...
Persistent link: https://www.econbiz.de/10010261522
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Parental Separation and Well-Being of Youths
Winkelmann, Rainer - 2003
This paper uses recent data for Germany and a new outcome variable to assess the consequences of parental separation on the well-being of youths. In particular, it is considered how subjective well-being, elicited from an ordinal 11-point general life satisfaction question, differs between...
Persistent link: https://www.econbiz.de/10010261608
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Subjective Well-Being and the Family: Results from an Ordered Probit Model with Multiple Random Effects
Winkelmann, Rainer - 2004
The previous literature on the determinants of individual well-being has failed to fully account for the interdependencies in well-being at the family level. This paper develops an ordered probit model with multiple random effects that allows to identify the intrafamily correlation in...
Persistent link: https://www.econbiz.de/10010261784
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Using Happiness Surveys to Value Intangibles : The Case of Airport Noise
van Praag, Bernard M. S.; Baarsma, Barbara E. - 2004
Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual assumption is that the effect of the externality will be perfectly reflected by house price differentials. This is based on the implicit assumption that there is a...
Persistent link: https://www.econbiz.de/10010261855
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Income and Happiness : New Results from Generalized Threshold and Sequential Models
Winkelmann, Rainer; Boes, Stefan - 2004
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the most well-known representatives being the ordered logit and the ordered probit. However, these models restrict the marginal probability effects by design, and therefore limit the...
Persistent link: https://www.econbiz.de/10010261922