Showing 1 - 10 of 256
This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white...
Persistent link: https://www.econbiz.de/10012467198
High rates of understatement are found for many government transfer programs and in many datasets. This understatement has major implications for our understanding of economic well-being and the effects of transfer programs. We provide estimates of the extent of under-reporting for ten transfer...
Persistent link: https://www.econbiz.de/10012463468
person's adult life. Higher inequality also lowers happiness. Third, we know little about the predictive power of the U … this 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 …
Persistent link: https://www.econbiz.de/10012464330
of adults from 132 countries. I analyze the data on life satisfaction (happiness) and on health satisfaction and look at … their relationships with national income, age, and life-expectancy. Average happiness is strongly related to per capita … inconsistent relationship with happiness. National income moderates the effects of aging on self-reported health, and the decline …
Persistent link: https://www.econbiz.de/10012465333
of happiness. Using data from the Consumer Expenditure Survey (CEX), we examine whether households who contribute to a … services are able to insure their stream of happiness against income shocks and find strong happiness insurance effects for …
Persistent link: https://www.econbiz.de/10012467102
This paper studies the links between income, sexual behavior and reported happiness. It uses recent data on a random … sample of 16,000 adult Americans. The paper finds that sexual activity enters strongly positively in happiness equations … greater effects on the happiness of highly educated people than those with low levels of education. The happiness …
Persistent link: https://www.econbiz.de/10012468194
-reported happiness and life satisfaction. I find robust evidence that high inflation and, to a greater extent, unemployment lower …
Persistent link: https://www.econbiz.de/10012469079
effects on happiness and mental health are significantly smaller, suggesting that wealth has greater long-run effects on …
Persistent link: https://www.econbiz.de/10012453053
Chronic pain clearly lowers utility, but it is empirically challenging to estimate the monetary compensation needed to offset this utility reduction. We use the subjective well-being method to estimate the value of pain relief among individuals age 50 and older. We use a sample of 64,205...
Persistent link: https://www.econbiz.de/10012455033
happiness differences are related to differences in inequality. A major concern, however, is spurious correlation due to the … comprehensive measure of inequality that subsumes the many and various component forms of inequality in particular domains. The … dispersion, (ii) that it is stronger in the subset of individuals who care most about inequality, and (iii) that it extends to …
Persistent link: https://www.econbiz.de/10012456772