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-resolution meteorological data, we introduce a new proxy for income uncertainty - mean-preserving rainfall variability - and estimate that an … increase in income uncertainty is associated with reductions in objective consumption and subjective well-being (SWB …
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Despite rising popularity of subjective well-being (SWB) as a proxy for utility, its relationship with income is still …: one that insists on individual relative income, and one that finds similarity between individual and aggregate levels … effect of relative income on SWB varies across countries as a function of average income, in addition to a relatively small …
Persistent link: https://www.econbiz.de/10011774470
Despite rising popularity of subjective well-being (SWB) as a proxy for utility, its relationship with income is still …: one that insists on individual relative income, and one that finds similarity between individual and aggregate levels … effect of relative income on SWB varies across countries as a function of average income, in addition to a relatively small …
Persistent link: https://www.econbiz.de/10011869166
domain satisfactions and Subjective Well-Being by objectively measurable variables such as income. We estimate a model for …
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