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The shadow prices of voluntary caregiving : using panel data of well-being to estimate the cost of informal care
McDonald, Rebecca; Powdthavee, Nattavudh - 2018
This paper uses the wellbeing valuation (WV) approach to estimate and monetize the wellbeing impacts of informal care provision on caregivers. Using nationally representative longitudinal data from the U.K., we address two challenging methodological issues related to the economic valuation of...
Persistent link: https://www.econbiz.de/10011865578
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The welfare implications of addictive substances : a longitudinal study of life satisfaction of drug users
Moschion, Julie; Powdthavee, Nattavudh - 2017
This paper provides an empirical test of the rational addiction model, used in economics to model individuals' consumption of addictive substances, versus the utility misprediction model, used in psychology to explain the discrepancy between people's decision and their subsequent experiences. By...
Persistent link: https://www.econbiz.de/10011764676
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The welfare implications of addictive substances : a longitudinal study of life satisfaction of drug users
Moschion, Julie; Powdthavee, Nattavudh - 2017
Persistent link: https://www.econbiz.de/10011772750
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Subjective well-being and relative deprivation : an empirical link
D'Ambrosio, Conchita (contributor);  … - 2004 - [Elektronische Ressource]
concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i …
Persistent link: https://www.econbiz.de/10002390091
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The Marginal Income Effect of Education on Happiness : Estimating the Direct and Indirect Effects of Compulsory Schooling on Well-Being in Australia
Powdthavee, Nattavudh; Lekfuangfu, Warn N.; Wooden, Mark - 2013
Many economists and educators favour public support for education on the premise that education improves the overall well-being of citizens. However, little is known about the causal pathways through which education shapes people’s subjective well-being (SWB). This paper explores the direct...
Persistent link: https://www.econbiz.de/10014158399
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The Shadow Prices of Voluntary Caregiving : Using Panel Data of Well-Being to Estimate the Cost of Informal Care
McDonald, Rebecca - 2018
This paper uses the wellbeing valuation (WV) approach to estimate and monetize the wellbeing impacts of informal care provision on caregivers. Using nationally representative longitudinal data from the U.K., we address two challenging methodological issues related to the economic valuation of...
Persistent link: https://www.econbiz.de/10012918258
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Have Econometric Analyses of Happiness Data Been Futile? A Simple Truth About Happiness Scales
Chen, Le‐Yu - 2019
Econometric analyses in the happiness literature typically use subjective well-being (SWB) data to compare the mean of … observed or latent happiness across samples. Recent critiques show that comparing the mean of ordinal data is only valid under … studies in the economics of happiness literature have been futile. In order to salvage some of the prior results and avoid …
Persistent link: https://www.econbiz.de/10012890952
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What Can Life Satisfaction Data Tell Us About Discrimination Against Sexual Minorities? A Structural Equation Model for Australia and the United Kingdom
Powdthavee, Nattavudh; Wooden, Mark - 2021
Very little is known about how the differential treatment of sexual minorities could influence subjective reports of overall well-being. This paper seeks to fill this gap. Data from two large surveys that provide nationally representative samples for two different countries – Australia (the...
Persistent link: https://www.econbiz.de/10013220998
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The Marginal Income Effect of Education on Happiness : Estimating the Direct and Indirect Effects of Compulsory Schooling on Well-Being in Australia
Powdthavee, Nattavudh - 2013
Many economists and educators favour public support for education on the premise that education improves the overall well-being of citizens. However, little is known about the causal pathways through which education shapes people's subjective well-being (SWB). This paper explores the direct and...
Persistent link: https://www.econbiz.de/10013082171
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What Predicts a Successful Life? A Life-Course Model of Well-Being
Layard, Richard - 2013
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970). The most powerful childhood...
Persistent link: https://www.econbiz.de/10013073851