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This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts … household. The relation between happiness gaps and divorce may be due to the fact that couples which are unable to transfer … utility are more at risk than others. It may also be the case that assortative mating in terms of happiness baseline …
Persistent link: https://www.econbiz.de/10013148706
Multidimensional welfare analysis has recently been revived by money-metric measures based on explicit fairness principles and the respect of individual preferences. To operationalize this approach, preference heterogeneity can be inferred from the observation of individual choices (revealed...
Persistent link: https://www.econbiz.de/10011709621
This paper considers three questions: (1) the relative burden of wealth transfer taxes on heirs versus donors in a partial equilibrium context, (2) the distributional effects of the estate tax if its burdens are assigned to heirs, and (3) whether the incidence of a wealth transfer tax...
Persistent link: https://www.econbiz.de/10014047508
Anti-smoking policies can in theory make smokers better off, by helping smokers with time-inconsistent preferences commit to giving up or reducing the amount they smoke. We use almost 20 years of British individual-level panel data to explore the impact on self-reported psychological well-being...
Persistent link: https://www.econbiz.de/10009753213
This paper estimates the marginal efficiency cost of redistribution (MECR) associated with a demogrant and an in-work benefit for the UK since 1979, taking account of extensive as well as intensive labour supply responses. The principal methodological advance in the paper is its greater...
Persistent link: https://www.econbiz.de/10010292956
In Sen's Capability Approach (CA) well-being can be defined as the freedom of choice to achieve the things in life which one has reason to value most for his or her personal life. Capabilities are in Sen's vocabulary therefore the real freedoms people have or the opportunities available to them....
Persistent link: https://www.econbiz.de/10009158055
This paper tests whether one partner's happiness significantly influences the happiness of the other partner? Using ten …
Persistent link: https://www.econbiz.de/10014204870
In Sen's Capability Approach (CA) well-being can be defined as the freedom of choice to achieve the things in life which one has reason to value most for his or her personal life. Capabilities are in Sen's vocabulary therefore the real freedoms people have or the opportunities available to them....
Persistent link: https://www.econbiz.de/10011601027
We use a panel vector autoregressions model to examine the coevolution of changes in happiness and changes in income … happiness are associated with subsequent increases in income, marriage, employment, and health variables, while increases in the … these life-domain variables (except health) tend to be followed by decreases in happiness in subsequent periods, suggesting …
Persistent link: https://www.econbiz.de/10003875894
Subjective well-being (SWB) is increasingly used as a way to measure individual well-being. Interpreted as "experienced utility", it has been compared to "decision utility" using specific experiments (Kahneman et al., 1997) or stated preferences (Benjamin et al. 2012). We suggest here an...
Persistent link: https://www.econbiz.de/10010481688