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Life satisfaction, ethnicity and neighbourhoods: is there an effect of neighbourhood ethnic composition on life satisfaction?
Knies, Gundi; Nandi, Alita; Platt, Lucinda - London School of Economics (LSE) - 2014
Using a rich, nationally representative data set with a large sample of minorities and matched small area characteristics, we explore differences in life satisfaction for ethnic groups living in UK. We test the hypothesis that minorities will be less satisfied, which will in part be explained by...
Persistent link: https://www.econbiz.de/10010746715
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Cross-country determinants of life satisfaction: exploring different determinants across groups in society
Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A. V. - London School of Economics (LSE) - 2006
This paper explores a wide range of cross-country determinants of life satisfaction exploiting a database of 90,000 observations in 70 countries. We distinguish four groups of aggregate variables as potential determinants of satisfaction: political, economic, institutional, and human development...
Persistent link: https://www.econbiz.de/10011071346
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The marginal utility of income
Layard, Richard; Mayraz, Guy; Nickell, Stephen J - London School of Economics (LSE) - 2007
inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys … (which are based directly on the scale of reported happiness) could be biased upwards if true utility is convex with respect … to reported happiness. We find some evidence of such bias, but it is small—yielding a new estimated elasticity of 1 …
Persistent link: https://www.econbiz.de/10011071383
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Prediction and sufficiency in the model factor analysis
Abul Naga, Ramses H. - London School of Economics (LSE) - 1997
We contrast two approaches to the prediction of latent variables in the model of factor analysis. The likelihood statistic is a sufficient statistic for the unobservables when sampling arises from the exponential family of distributions. Linear predictors, on the other hand, can be obtained as...
Persistent link: https://www.econbiz.de/10010745989
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Pairwise likelihood estimation for factor analysis models with ordinal data
Katsikatsou, Myrsini; Moustaki, Irini; Yang-Wallentin, Fan - London School of Economics (LSE) - 2012
Pairwise maximum likelihood (PML) estimation method is developed for factor analysis models with ordinal data and fitted both in an exploratory and confirmatory set-up. The performance of the method is studied via simulations and comparisons with full information maximum likelihood (FIML) and...
Persistent link: https://www.econbiz.de/10011071409
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Is happiness a predictor of election results?
Ward, George - London School of Economics (LSE) - 2015
organisations have recently begun to measure progress at least partly in terms of the population’s SWB or “happiness”. This paper …
Persistent link: https://www.econbiz.de/10011266092
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One man's rags are another man's riches: identifying adaptive preferences using panel data
Burchardt, Tania - London School of Economics (LSE) - 2004
One of the motivations frequently cited by Sen and Nussbaum for moving away from a utility metric towards a capabilities framework is a concern about adaptive preferences or conditioned expectations. If utility is related to the satisfaction of aspirations or expectations, and if these are...
Persistent link: https://www.econbiz.de/10011126358
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Adaptation to poverty in long-run panel data
Clark, Andrew E.; D’Ambrosio, Conchita; Ghislandi, Simone - London School of Economics (LSE) - 2014
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life satisfaction falls with both the incidence and intensity of...
Persistent link: https://www.econbiz.de/10011126737
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Comparing willingness-to-pay and subjective well-being in the context of non-market goods
Dolan, Paul; Metcalf, Robert - London School of Economics (LSE) - 2008
based on individuals’ ratings of their happiness or life satisfaction rather than on their preferences. In the context of a …
Persistent link: https://www.econbiz.de/10010884533
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Happy talk: mode of administration effects on subjective well-being
Dolan, Paul; Kavetsos, Georgios - London School of Economics (LSE) - 2012
Research on the measurement of subjective well-being (SWB) has escalated in recent years. This study contributes to the literature by examining how SWB reports differ by mode of survey administration. Using data from the 2011 Annual Population Survey in the UK, we find that individuals...
Persistent link: https://www.econbiz.de/10010745178