|
on Economics of Happiness |
|
Issue of 2012‒07‒14
three papers chosen by |
| By: | Dorrit Posel |
| Abstract: | Most nationally representative household surveys in South Africa collect data on money-metric measures of well-being (income and expenditure), which are then used to generate statistics on poverty and inequality. However, these measures may be limited in several ways. First, they typically are not able to identify differences in economic well-being within the household when all resources in the household are not equally shared. Second, income received or spent captures only one aspect of economic status specifically and of well-being more generally, and a wide range of other factors will also affect an individual's quality of life |
| Keywords: | Nids Data |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:ldr:wpaper:79&r=hap |
| By: | Mumford, Karen A. (University of York); Smith, Peter N. (University of York) |
| Abstract: | We explore the relationship between reported job satisfaction and own wage, relative wage and average comparison group wage; allowing for asymmetry in these responses across genders. We find that the choice of relevant comparison group is affected by gender in Britain; men display behaviour characteristic of competitiveness whilst women do not. |
| Keywords: | job satisfaction, earnings, gender, segregation, workplace |
| JEL: | J3 J7 J28 |
| Date: | 2012–06 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp6673&r=hap |
| By: | Wrede, Matthias |
| Abstract: | Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared with those obtained from the Rosen-Roback approach. Furthermore, the paper shows that the wage curve is negatively sloped for quasi-linear utility. Specifically, the wage rate increases and the unemployment ratio decreases in response to an increase in the amenity level if the amenity is marginally more beneficial to producers than to consumers. As an illustration of the unemployment-adjusted quality-of-life measure, the quality of life in West German counties is estimated. -- |
| Keywords: | quality of life,residential mobility,unemployment,job search,matching |
| JEL: | R12 R13 R14 H73 J61 J64 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:iwqwdp:012012r&r=hap |