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and those inferred from actual choices (revealed preferences). Precisely, we focus on income-leisure preferences, closely … associated to redistributive policies. We compare indifference curves consistent with income-leisure subjective satisfaction with …
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This paper investigates how ethnic diversity, measured by the immigrants' countries of origin, influences the well-being of the host country. Using panel data from Germany for the period 1998 to 2012, we find a positive effect of ethnic diversity on the well-being of German citizens. To...
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relative concerns with respect to income and remittances. Our results show that although rural households experience … substantial utility loss due to income comparisons, they gain utility by comparing their remittances with those received by their … reference group. In other words, we find evidence of a "status-effect" with respect to income and of a "signal-effect" with …
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Subjective well-being (SWB) data is increasingly used to perform welfare analyses. In- terpreted as 'experienced utility', SWB has recently been compared to 'decision utility' using specific experiments, most often based on stated preferences. Results point to an overall congruence between these...
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