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Although art museums do not pay any substantial taxes, they are greatly affected by various U.S. tax rules. The … individual receives a deduction for donations of art to museums, the estate gets a deduction for bequests, and the corporation … gets a deduction for charitable gifts. Art museums also are not taxed on investment income or on some "related" business …
Persistent link: https://www.econbiz.de/10013137671
limit the discretion of managers. In a study of U.S. art museums, I find that this practice has grown significantly in …, museums shift their cost structures away from administration and toward program services, and they exhibit very high savings ….S. art museums may represent a reaction by contributors to the industry's high rates of financial distress, weak boards of …
Persistent link: https://www.econbiz.de/10013024867
Using two large US surveys, we estimate the effects of unemployment on the subjective well-being of the unemployed and the rest of the population. For the unemployed, the non-pecuniary costs of unemployment are several times as large as those due to lower incomes, while the indirect effect at...
Persistent link: https://www.econbiz.de/10013129126
This paper describes the findings from a new, and intrinsically interdisciplinary, literature on happiness and human well-being. The paper focuses on international evidence. We report the patterns in modern data; we discuss what has been persuasively established and what has not; we suggest paths...
Persistent link: https://www.econbiz.de/10013131673
emotions such as enjoyment and happiness. They are also less likely to report a range of negative experiences, like sadness …
Persistent link: https://www.econbiz.de/10013134585
We develop a consistent and comprehensive theoretical framework for assessing whether economic growth is compatible with sustaining well-being over time. The framework focuses on whether a comprehensive measure of wealth - one that accounts for natural capital and human capital as well as...
Persistent link: https://www.econbiz.de/10013135234
This paper provides new evidence in support of the idea that bouts of optimism and pessimism drive much of US business cycles. In particular, we begin by using sign-restriction based identification schemes to isolate innovations in optimism or pessimism and we document the extent to which such...
Persistent link: https://www.econbiz.de/10013117561
We measure the impact of individuals' looks on life satisfaction/happiness. Using five data sets, from the U.S., Canada … additional satisfaction/happiness among men, 0.12 among women. Accounting for a wide variety of covariates, particularly effects …
Persistent link: https://www.econbiz.de/10013121060
This study uses longitudinal data from the NICHD Study on Early Child Care (SECC) to examine the effects of maternal employment on family well-being, measured by maternal mental and overall health, parenting stress, and parenting quality. First, we estimate the effects of maternal employment on...
Persistent link: https://www.econbiz.de/10013122490
differences in the dynamics of two key measures of subjective well-being: emotions and life evaluations. We find that there is no … size and likely determinants of the weekend effects for emotions. Weekend effects are twice as large for full-time paid …
Persistent link: https://www.econbiz.de/10013122657