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income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study …: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction … with income is more affected by ex ante than by ex post volatility of income. The ordinal version of the Van Praag approach …
Persistent link: https://www.econbiz.de/10011634082
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …
Persistent link: https://www.econbiz.de/10009747819
Usually, it is expected that income increases life satisfaction. In recent years tough, research emerged that shows how … subjective well-being, including satisfaction, influences objective measures, as for example income. This would then require … explicit identification strategies for estimating effects of income on life satisfaction. I address this issue using German …
Persistent link: https://www.econbiz.de/10012621934
In normative public economics it is crucial to know how fast the marginal utility of income declines as income …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …
Persistent link: https://www.econbiz.de/10011630578
analysed by gender. Basic results are: health worsens, income declines and satisfaction is poorer with higher body mass index …. Underweight women earn more and overweight less than others. For normal-weight men the income is on average higher than for over … estimates. However, no clear-cut disadvantage in income of underweight men can be found. Stable coefficients result for the …
Persistent link: https://www.econbiz.de/10011981371
) showed that higher income individuals are less generous than poorer individuals only if they reside in a U.S. state with … major finding before readily accepting it as evidence, we analyzed the effect of the interaction between income and …
Persistent link: https://www.econbiz.de/10012007223
This paper presents a methodology for comparing income rank volatility profiles over time and across distributions …
Persistent link: https://www.econbiz.de/10011747288
attitudes. Along with the subjects' receptiveness to rightwing populism, we elicit their perceived relative income positions in … a representative survey of German households. We find that people with pessimistic beliefs about their income position … differences in the mechanism: Misperception triggers income dissatisfaction for both men and women, but the former are much more …
Persistent link: https://www.econbiz.de/10013503362
The discussion paper examines sensitivity influences on the German personal income distribution in a time …: (1) different kinds of equivalence scales, (2) different demarcations of income areas (in the sense of social classes …), (3) different inequality indicators, and (4) different income operationalisations. Furthermore, the new approach related …
Persistent link: https://www.econbiz.de/10009357434
How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find … replacement rate vis- a-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income …
Persistent link: https://www.econbiz.de/10009766250