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Much progress has been made in recent years on developing and applying a direct measure of utility using survey questions on subjective well-being. In this paper we explore whether this new type of measurement can be fruitfully applied to the study of interdependent utility in general, and...
Persistent link: https://www.econbiz.de/10013318708
The question that this paper addresses is whether or not parents are altruistic towards their children. A new approach will be introduced, where the life satisfaction data of parents will be regressed onto the living conditions of their children who now live independently. After controlling for...
Persistent link: https://www.econbiz.de/10013319171
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the most well-known representatives being the ordered logit and the ordered probit. However, these models restrict the marginal probability effects by design, and therefore limit the...
Persistent link: https://www.econbiz.de/10013319205
The previous literature on the determinants of individual well-being has failed to fully account for the interdependencies in well-being at the family level. This paper develops an ordered probit model with multiple random effects that allows to identify the intrafamily correlation in...
Persistent link: https://www.econbiz.de/10013319501
This paper uses recent data for Germany and a new outcome variable to assess the consequences of parental separation on the well-being of youths. In particular, it is considered how subjective well-being, elicited from an ordinal 11-point general life satisfaction question, differs between...
Persistent link: https://www.econbiz.de/10013319699
We quantify the value of changes in life circumstances in Germany following reunification. To this end, we develop and implement a fixed-effect estimator for ordinal life satisfaction in the German Socio-Economic Panel. We find strong negative effects on life satisfaction from being recently...
Persistent link: https://www.econbiz.de/10013320681
Two recent papers argue that many results based on ordinal reports of happiness can be reversed with suitable monotonic increasing transformations of the associated happiness scale (Bond and Lang 2019; Schröder and Yitzhaki 2017). If true, empirical research utilizing such reports is in trouble....
Persistent link: https://www.econbiz.de/10013314880
. Our results show that horizontal inequality matters in Viet Nam, in particular for ethnicity, region, and rural …/urban groups. While there has been an improvement in horizontal inequality in education, this paper shows little change in other … welfare indicators, in particular poverty. We also found that horizontal inequality does matter for poverty reduction in Viet …
Persistent link: https://www.econbiz.de/10011592927
impact of social factors, as for instance inequality, on criminality, nevertheless without making explicit the mechanism by … methodological approach, it is tested the influence of social inequality on criminality rates for a sample of Brazilian states during … the existing heterogeneity among states. The main result that emerges is that social inequality given by the Gini …
Persistent link: https://www.econbiz.de/10014075968
graduates. By using an Italian survey data on the transition from university to work, we focus on the probability to get a job … background. In an attempt to explain whether these differences reflect opportunity inequality, we adopt the Gomulka … opportunity inequality under the assumption that there is no unobserved heterogeneity between groups. In the presence of …
Persistent link: https://www.econbiz.de/10013124402