In this study we examine the association between subjective well-being and material welfare using the data of 3600 individuals from the TÁRKI Household Monitor for the year 2007. Most of the empirical papers on the effect of income on subjective well-being use either OLS regression or ordered...

According to international comparisons the Hungarians are extremely dissatisfied with their lives. Meanwhile Austria, with many cultural and historical similarities to Hungary, is in the forefront of the satisfaction lists. We have identified some of the important causes of Hungarian...

In this study we examine the association between subjective well-being and material welfare using the data of 3600 individuals from the TÁRKI Household Monitor for the year 2007. Most of the empirical papers on the effect of income on subjective well-being use either OLS regression or ordered...

According to international comparisons the Hungarians are extremely dissatisfied with their lives. Meanwhile Austria, with many cultural and historical similarities to Hungary, is in the forefront of the satisfaction lists. We have identified some of the important causes of Hungarian...

Using village date from Tanzania, we test whether gifts and loans between households are voluntary while correcting for mis-reporting by the giving and receiving households. Tow maintained assumptions underlie our analysis: answers to a question on who people would turn to for help are good...

Separating seasonal components from other sources of economic fluctuations is crucial for both economic modeling and policy making. Practitioners treat seasonality as noise to be removed before estimating models and tend to apply deseasonalizing methods i

In this study standard Mincer earnings equations are estimated using both ordinary least squares (OLS) and quantile regression in order to give a comprehensive picture of the returns to education in Germany and Hungary for the year 2000. To make the cross-country comparison of the returns to...

A new family of kernels is suggested for use in heteroskedasticity and autocorrelation consistent (HAC) and long run variance (LRV) estimation and robust regression testing. The kernels are constructed by taking powers of the Bartlett kernel and are intended to be used with no truncation (or...

The paper uses data from a large representative survey of Hungarian higher education graduates (DPR 2010) to study the early labour market effects of field of study and college quality. Propensity score matching average treatment effect method is used to reveal the effect of the field of study,...

This paper applies revealed preference theory to the nonparametric statistical analysis of consumer demand. Knowledge of expansion paths is shown to improve the power of nonparametric tests of revealed preference. The tightest bounds on indifference surfaces and welfare measures are derived...