disposable income and a gain of leisure time - and the psychological (and cultural) notion of the lonely, sad empty nester. This …

In normative public economics it is crucial to know how fast the marginal utility of income declines as income … inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …

In normative public economics it is crucial to know how fast the marginal utility of income declines as income … inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …

is estimated to be in the range of 0.3-0.7 percent of per capita income. …

relationship between aggregate poverty and SWB is more salient in the upper segments of the income distribution and is robust to …

costs) are significantly negative. Compensating income variations reveal that the residual household income would have to be … of family constraints (of being in short/long part-time employment). Moreover, in terms of overall happiness among …