Showing 1 - 9 of 9
Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper, we use panel quantile regression techniques in order to analyze to what extent the negative impact of unemployment varies along the subjective well-being distribution. In our...
Persistent link: https://www.econbiz.de/10010513038
Work and life satisfaction depends on a number of pecuniary and nonpecuniary factors at the workplace and determines these in turn. We analyze these causal linkages using a structural vector autoregression approach for a sample of the German working populace collected from 1984 to 2008, finding...
Persistent link: https://www.econbiz.de/10010513072
Official poverty thresholds are based on the implicit assumption that the household with poverty-level income possesses … of the assumption and explored alternative methods to account for time deficits in the measurement of poverty. I … individual approaches. I also propose a two-dimensional, time-income poverty measure that accounts for intrahousehold disparities …
Persistent link: https://www.econbiz.de/10010286513
We examine the economic well-being of the elderly, using the Levy Institute Measure of Economic Well-Being (LIMEW). Compared to the conventional measures of income, the LIMEW is a comprehensive measure that incorporates broader definitions of income from wealth, government expenditures, and...
Persistent link: https://www.econbiz.de/10010266455
We analyze the extent to which occupational identity is conducive to worker well-being. Using a unique survey dataset of individuals working in the German skilled crafts and trades (2017-18, n=757), we use a novel occupational identity measure that captures identity more broadly than just...
Persistent link: https://www.econbiz.de/10012818361
The Great Recession had a tremendous impact on low-income Americans, in particular black and Latino Americans. The losses in terms of employment and earnings are matched only by the losses in terms of real wealth. In many ways, however, these losses are merely a continuation of trends that have...
Persistent link: https://www.econbiz.de/10011784670
Behavioral economics has shown that individuals sometimes make decisions that are not in their best interests. This insight has prompted calls for behaviorally informed policy interventions popularized under the notion of "libertarian paternalism." This type of "soft" paternalism aims at helping...
Persistent link: https://www.econbiz.de/10010513061
Happiness measures, reflecting individuals’ well-being, have received increasing attention by policy makers. Policies could target absolute happiness levels when aiming at increasing a society’s well-being. But given upper bounds of happiness measures, as well as the possibilities of...
Persistent link: https://www.econbiz.de/10010999043
As a result of the disenchantment with traditional income-based measures of welfare, alternative welfare measures have gained increasing attention in recent years. Two of the most prominent measures of well-being come from subjective well-being research and the (objective) capability approach....
Persistent link: https://www.econbiz.de/10010999110