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I study the labor market risks associated with being self-employed. I document that the self-employed are subject to larger earnings fluctuations than employees and that they frequently transition into unemployment. Given the self-employed are not eligible to unemployment insurance, I analyze...
Persistent link: https://www.econbiz.de/10014581780
earnings deter risk-averse individuals. In this paper I analyse the expected value and variance of income in self …Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a …-employment entry and exit under risk are estimated, which include a standard risk aversion parameter. The model predicts that the …
Persistent link: https://www.econbiz.de/10010273789
in the US. We challenge the long-held belief that BN primarily affects high income White teenagers, using a unique data …; as are girls from low income families compared to middle and high income families. We use another data set to show that … who is diagnosed with an eating disorder is in accord with popular beliefs, suggesting that African American and low-income …
Persistent link: https://www.econbiz.de/10010316836
The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person's well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …
Persistent link: https://www.econbiz.de/10010291399
We use British panel data to determine the exogenous impact of income on a number of individual health outcomes … allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely … exogenous. Positive income shocks have no significant effect on general health, but a large positive effect on mental health …
Persistent link: https://www.econbiz.de/10010269573
persistent effect on subsequent employment and income. After initial periods with a higher incidence of sick leave, treated … treated workers, who manage to stay in employment, incur persistent income losses. The effects are stronger for sub-groups of …
Persistent link: https://www.econbiz.de/10010294889
We explore the adoption data approach to estimating causal effects of parental education and income on the same … mother?s or father?s education raises children?s education by about 0.1 year. Our estimated income elasticities are around 0.1. …
Persistent link: https://www.econbiz.de/10010261944
with household income. The paper uses household economic panel data from five countries – Australia, Britain, Germany … countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain … and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further …
Persistent link: https://www.econbiz.de/10010261968
A vast literature has established a strong positive association of income with health status and a negative association … with mortality. This paper studies the effects of income on health and mortality, using only the part of income variation … that is due to a truly exogenous factor: the monetary lottery prizes of individuals. The findings are that higher income …
Persistent link: https://www.econbiz.de/10010262805
by testing if more satisfied people live longer. Our results clearly confirm the importance of income, education and … marriage as important factors in determining longevity. For example, a one-log point increase in real household monthly income …
Persistent link: https://www.econbiz.de/10010274096