An integrated approach for estimating the stock of human capital in the United States isdeveloped which eliminates well known problems associated with both the cost and income basedmethods currently in use. Historical information on the cost of the educational investment madein base entrants...

The authors consider the absolute income effect and several relative income effects on happiness. The latter include both a longitudinal comparison, which consists of both upward and downward comparisons, and a parallel comparison with individuals of similar traits. It is found that the...

This study uses the entry-level wage of Taiwanese female college graduates to ensure a clear causality between the wage and physical appearance. It is found that height raises the entry wage, and that there exists an optimal BMI. Graduates who are satisfied with their looks earn 3.4% more than...