Showing 1 - 10 of 377
-2004 shows that income has only a minor effect on positive subjective well-being but a large effect on negative well-being. …
Persistent link: https://www.econbiz.de/10010315521
The previous literature on the determinants of individual well-being has failed to fully account for the interdependencies in well-being at the family level. This paper develops an ordered probit model with multiple random effects that allows to identify the intrafamily correlation in...
Persistent link: https://www.econbiz.de/10010315600
There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, we construct a model where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and dying. These odds are functions of opioid use. Markov...
Persistent link: https://www.econbiz.de/10014278374
questions on satisfaction with income and with life in general. In this paper we apply this new type of measurement to the study …
Persistent link: https://www.econbiz.de/10010315573
very strong assumptions. Measured income and life satisfaction offers an alternative for estimating such consumption … municipality of residence has a negative impact on own income satisfaction. …
Persistent link: https://www.econbiz.de/10010316849
This paper studies the evolution of life satisfaction over the life course in Germany. It clarifies the causal interpretation of the econometric model by discussing the choice of control variables and the underidentification between age, cohort and time effects. The empirical part analyzes the...
Persistent link: https://www.econbiz.de/10010316897
This paper uses recent data for Germany and a new outcome variable to assess the consequences of parental separation on the well-being of youths. In particular, it is considered how subjective well-being, elicited from an ordinal 11-point general life satisfaction question, differs between...
Persistent link: https://www.econbiz.de/10010315518
shadow economy in Australia during the year 2000, it was found that between 4.81% and 8.8% of the gross national income (GNI …
Persistent link: https://www.econbiz.de/10010324353
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the … probability effects by design, and therefore limit the analysis of distributional aspects of a change in income, that is, the … study of whether the income effect depend on a person's happiness. In this paper we pinpoint the shortcomings of standard …
Persistent link: https://www.econbiz.de/10010315474
welfare on individual well-being constitutes a significant issue. This paper studies the disposable income and poverty among … disposable income and other financial and labor market outcomes and thereby give a well-founded analysis of the financial well …
Persistent link: https://www.econbiz.de/10010321105