nep-hap New Economics Papers
on Economics of Happiness
Issue of 2012‒07‒14
three papers chosen by
Viviana Di Giovinazzo
University of Milano-Bicocca

  1. Self-assessed well-being: Analysis of the NIDS Wave 1 and 2 Datasets By Dorrit Posel
  2. Peer Salaries and Employee Satisfaction in the Workplace By Mumford, Karen A.; Smith, Peter N.
  3. Wages, rents, unemployment, and the quality of life By Wrede, Matthias

  1. 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
  2. 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
  3. 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

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