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Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of wage increases on personality. The degree to which each worker's wage is intended to be affected by the reform is used as an instrument for the relative increase in the worker's...
Persistent link: https://www.econbiz.de/10013347613
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/10013546661
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/10010313032
of his propensity to migrate, whereas his absolute income level - but not his relative income level - is significantly …
Persistent link: https://www.econbiz.de/10010317257
life are quantified in a multidimensional approach of poverty and wealth: Individual income, current health, occupational … supposed. Major findings: An initial rise in life satisfaction can improve income and health, but not job autonomy. However …
Persistent link: https://www.econbiz.de/10010327286
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 45,800 individuals living in Germany from 1992 to 2011 to show first that life satisfaction falls with both the incidence and intensity of...
Persistent link: https://www.econbiz.de/10010334235
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …
Persistent link: https://www.econbiz.de/10010464358
We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life satisfaction falls with both the incidence and intensity...
Persistent link: https://www.econbiz.de/10010500142
income seems also of minor importance, even though the estimated coefficients have the expected signs implied by substitution … and income effects. The overall results suggest that unfair wage perceptions, which are related to stress, negatively …
Persistent link: https://www.econbiz.de/10011335340
It is well known that the self-employed are over-represented at the bottom as well as the top of the income … distribution. This paper shifts the focus from the income situation of the self-employed to the distributive effects of a change in … increase in the proportion of self-employed individuals in the labor force increases income polarization by tearing down floors …
Persistent link: https://www.econbiz.de/10011960820