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Econometric analyses of European datasets suggest that income aspirations increase with current income.  This finding is consistent with the adaptation hypothesis - the notion that individual aspirations adjust to reflect personal circumstances and living conditions.  We add to these existing...
Persistent link: https://www.econbiz.de/10011004220
Persistent link: https://www.econbiz.de/10011751522
This study examines the role of socio-demographic determinants on individual’s level of happiness. Primary survey data on Penang, Malaysia is used for analysis. Based on the findings, being married and Malay are associated with higher probability of feeling very happy or happy. Nevertheless,...
Persistent link: https://www.econbiz.de/10008871307
This paper is complementary to my earlier paper on Public Intervention and Poverty Alleviation: Declining Incidence of … Rural Poverty in Kerala (published in 1995). The objective of this paper is to go beyond the notion of income-poverty and …. Emphasis has been given to public action by which Kerala has achieved considerable reduction in poverty. Here I have identified …
Persistent link: https://www.econbiz.de/10005537318
Cet article défend l'idée selon laquelle une scolarisation minimale obligatoire peut constituer un complément efficace à une taxe qui financerait l'éducation en présence d'évasion fiscale. Nous construisons un modèle à générations d'agents dans lequel deux régimes d'éducation sont...
Persistent link: https://www.econbiz.de/10008799434
Cet article défend l'idée selon laquelle une scolarisation minimale obligatoire peut constituer un complément efficace à une taxe qui financerait l'éducation en présence d'évasion fiscale. Nous construisons un modèle à générations d'agents dans lequel deux régimes d'éducation sont...
Persistent link: https://www.econbiz.de/10011072951
People care about their relative standing in society and therefore compare themselves to relevant others. Empirical findings suggest that there are concerns for relative standing for different goods and life domains such as income, cars, attractiveness, and supervisor's praise. Even education...
Persistent link: https://www.econbiz.de/10014502051
This study estimates the impact of education on self-reported happiness across 50 American states using the recently available Gallup-Healthways Well-Being Index (WBI). A 3SLS model is used to estimate the simultaneous impact of education, income, and health on aggregated subjective well-being...
Persistent link: https://www.econbiz.de/10010603379
Many economists and educators favour public support for education on the premise that education improves the overall quality of life of citizens. However, little is known about the different pathways through which education shapes people's satisfaction with life overall. One reason for this is...
Persistent link: https://www.econbiz.de/10011220545
This paper examines the role of education as causal channel through which growing up poor affects the economic outcomes in adulthood in the European Union. We apply a potential outcomes approach to quantify those impacts and we provide a sensitivity analysis on possible unobserved confounders,...
Persistent link: https://www.econbiz.de/10011636682