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 …

This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of … available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with … the Easterlin paradox, higher income is always associated with higher happiness scores, except in one case: whether growth …

The share of income held by the top 1 percent in many countries around the world has been rising persistently over the … last 30 years. But we continue to know little about how the rising top income shares affect human well-being. This study … combines the latest data to examine the relationship between top income share and different dimensions of subjective well …

similar to those in other countries. In particular, as in other countries, in Mexico income, education, health, job status and …

income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …

income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …

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 …

Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in … about well-being, we find no support for this claim. The relationship between well-being and income is roughly linear …

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

income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …