Social Survey Programme), LIS (Luxembourg Income Study) and OECD wage data for 35 countries covering 1970-2002, we show that …

in the calculation of shadow prices of informal care. Our estimates suggest that permanent income would have to increase …This paper uses the wellbeing valuation (WV) approach to estimate and monetize the wellbeing impacts of informal care … methodological issues related to the economic valuation of informal care: (i) the endogeneity of informal care; and (ii) the …

income, demographics and social capital. The increase in social capital predicts the largest positive change in subjective … well-being. Income growth, also predicts a substantial change in subjective well-being, but it is compensated for about … three fourths by the joint negative predictions due to income comparison and income adaptation. Finally, we find that aging …

marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility …

their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that … only income relative to others was related to well-being.In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …

their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that … only income relative to others was related to well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …

marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility …