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Personality, well-being and the marginal utility of income: What can we learn from random coefficient models?
Schurer, Stefanie; Yong, Jongsay - School of Economics and Finance, Victoria Business School - 2012
explores whether these forms of heterogeneity depend on the Big-Five personality traits. Using unique Australian longitudinal … multiple forms of heterogeneity. Big-Five personality explains 10 percent of the variation in intercept heterogeneity and 6 … controlling for intercept heterogeneity and identifying effects of time-varying variables. This paper investigates the usefulness …
Persistent link: https://www.econbiz.de/10010904182
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"Heterogeneity in the Relationship between Unemployment and Subjective Well-Being: A Quantile Approach"
Binder, Martin; Coad, Alex - Levy Economics Institute - 2014
Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper, we use panel quantile regression techniques in order to analyze to what extent the negative impact of unemployment varies along the subjective well-being distribution. In our...
Persistent link: https://www.econbiz.de/10010784899
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Heterogeneity in the relationship between unemployment and subjective well-being: A quantile approach
Binder, Martin; Coad, Alex - 2014
Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper, we use panel quantile regression techniques in order to analyze to what extent the negative impact of unemployment varies along the subjective well-being distribution. In our...
Persistent link: https://www.econbiz.de/10010513038
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Heterogeneity in the relationship between unemployment and subjective well-being : a quantile approach
Binder, Martin; Coad, Alexander - 2014
Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper, we use panel quantile regression techniques in order to analyze to what extent the negative impact of unemployment varies along the subjective well-being distribution. In our...
Persistent link: https://www.econbiz.de/10010365092
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Sustainable Heterogeneity as the Unique Socially Optimal Allocation for Almost All Social Welfare Functions
Harashima, Taiji - Volkswirtschaftliche Fakultät, … - 2012
and indefinitely satisfied (sustainable heterogeneity). With appropriate government interventions, such a path is always …
Persistent link: https://www.econbiz.de/10011259529
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Sustainable Heterogeneity in Exogenous Growth Models: The Socially Optimal Distribution by Government’s Intervention
Harashima, Taiji - Volkswirtschaftliche Fakultät, … - 2013
(sustainable heterogeneity). With appropriate government interventions, such a path is always achievable and is uniquely socially …
Persistent link: https://www.econbiz.de/10011259748
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Who Trusts Others?
Alesina, Alberto F; La Ferrara, Eliana - C.E.P.R. Discussion Papers - 2000
Both individual experiences and community characteristics influence how much people trust each other. Using individual level data drawn from US localities we find that the strongest factors associated with low trust are: i) a recent history of traumatic experiences; ii) belonging to a group that...
Persistent link: https://www.econbiz.de/10005498055
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The Dynamics of Labor Productivity in Swiss Universities
Bolli, Thomas; Farsi, Mehdi - KOF Swiss Economic Institute, Department of Management, … - 2011
heterogeneity across production units. The adopted model is a mixed-effects model with department fixed effects as well as random …
Persistent link: https://www.econbiz.de/10009001078
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Questioning Ethnic Fragmentation's Exogeneity - Drivers of Changing Ethnic Boundaries
Kolo, Philipp - Ibero-Amerika Institut für Wirtschaftsforschung (IAI), … - 2011
Ethnic fragmentation is a variable increasingly used in the economic literature to explain differences in economic development level, growth or the incidence of conflicts. Nearly all articles have in common that they treat ethnic fragmentation as a static, exogenous fact. Only recently some...
Persistent link: https://www.econbiz.de/10009143629
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Bayesian analysis of dynamic effects in inefficiency : evidence from the Colombian banking sector
Galán, Jorge E.; Veiga, Helena; Wiper, Michael P. - Departamento de Estadistica, Universidad Carlos III de … - 2013
possible to distinguish persistent effects in the inefficiency from firm inefficiency heterogeneity and to capture differences … separating these heterogeneity factors from the dynamics of inefficiency improves model fit. On the other hand, acquisitions are …
Persistent link: https://www.econbiz.de/10010861859