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This study addresses the question how income affects health care utilization by the population aged 50 and over in the … separately using probit models. In addition to controls for income and demographic characteristics, controls for health status … (both subjective and objective measures of health) are used. We analyze how the relationship between income and health care …
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show that the observed income effect on subjective well-being is much weaker for the happiness index than for life … (3) the relationship between income and the happiness index is weak and stable over the whole distribution when basic …
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decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls …
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