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relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the … years 1997 to 2007 to conclude that the negative effect of inequality measured by the sample gini coefficient by year and … suggest that even though inequality and risk aversion are related, they are not the same thing. The paper shows that the …
Persistent link: https://www.econbiz.de/10008543263
happiness: other profiles, such as health and family life, are more important. In this paper we want to ascertain whether some …-South economic gap, the quick process of population aging, and the corruption in public administrations impact on personal happiness. …
Persistent link: https://www.econbiz.de/10008547005
I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the … Netherlands and the German Socio-Economic Panel. Instrumenting individual happiness with regional sunshine, the results suggest …
Persistent link: https://www.econbiz.de/10005026839
This note examines the relationship between inequality and happiness in urban China using a large-scale survey … of happiness, although results differ between high and low income individuals. We also examine the effect of reference … group income on reported happiness and find that having wealthier city-mates lowers reported happiness, controlling for own …
Persistent link: https://www.econbiz.de/10010629268
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/10009151008
relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the … years 1997 to 2007 to conclude that the negative effect of inequality measured by the sample gini coefficient by year and … suggest that even though inequality and risk aversion are related, they are not the same thing. The paper shows that the …
Persistent link: https://www.econbiz.de/10008636408
We investigate the effect of broad personality traits - the Big Five - on an individual's decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions, we...
Persistent link: https://www.econbiz.de/10011600985
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10010282309
Which and how many attributes are relevant for the sorting of agents in a matching market? This paper addresses these questions by constructing indices of mutual attractiveness that aggregate information about agents' attributes. The first k indices for agents on each side of the market provide...
Persistent link: https://www.econbiz.de/10010289882
We investigate the effect of broad personality traits - the Big Five - on an individual's decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions, we...
Persistent link: https://www.econbiz.de/10008826989