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1.
Shatakshee Dhongde;Prasanta K. Pattanaik;Yongsheng Xu; 《Review of Income and Wealth》2024,70(3):820-839
In this paper we provide a framework to measure an individual's multidimensional well-being and discuss two approaches to measuring inequality in multidimensional well-being. The framework is used to study inequality in multidimensional well-being in the United States in the last decade. Using data from the Current Population Survey on three well-being indicators, namely, income, health, and education, we first compute a multidimensional well-being index for every individual in the sample and then study inequality of well-being thus obtained. We find that inequality in well-being increased between 2010 and 2014 and decreased between 2014 and 2019. We test the sensitivity of our results by using alternative measures of inequality and attaching alternative weights to well-being indicators. 相似文献
2.
By combining primary data on dimension importance collected in the field from three different samples and nationally representative survey data from the Dominican Republic, we offer a twofold contribution. The first one comes from an unincentivized questionnaire experiment, where the significance of the treatment effect shows that life domains are valued differently in a poverty vs a well‐being framework. This poses important questions on the anatomy of dimension importance and on the use of weights in empirical analyses, and opens the door to what we call a “concordance paradox” related to the very essence of the constructs of poverty and well‐being. As a second contribution, we employ the sets of weights collected in the field to assess the trend of multidimensional poverty and well‐being in the country. We find that the picking one set of weights or another is not a trivial choice, as they lead to opposite assessment results. 相似文献
3.
How does neighbors' income affect individual well‐being? Our analysis is based on rich U.S. local data from the Behavioral Risk Factor Surveillance System, which contains information on where respondents live and their self‐reported well‐being. We find that the effect of neighbors' income on individuals' self‐reported well‐being varies with the size of the neighborhood included. In smaller areas such as ZIP codes, we find a positive relationship between median income and individuals' life satisfaction, whereas it is the opposite at the county, MSA, and state levels. We provide evidence that local public goods and local area characteristics such as unemployment, criminality, and poverty rates drive the association between satisfaction and neighbors' income at the ZIP code level. The neighbors' income effects are mainly concentrated among poorer individuals and are as large as one quarter of the effect of own income on self‐reported well‐being. 相似文献
4.
This paper uses data from the 2000–08 waves of the German Socio‐Economic Panel dataset (SOEP) to assess the impact of deprivation in various life domains upon individual well‐being. Unobserved heterogeneity is controlled for by means of a random effects model extended to include a Mundlak term and explicit controls for the respondents' personality traits. The paper shows that people care about social comparison information in a number of domains, not just income. Using an equivalent income approach, the estimates suggest that a one standard deviation deterioration of the individual position in the income distribution is as important as a 33.5 percent decrease in own income. This monetary equivalent amounts to an income variation of between 25 and 43 percent when it comes to other deprivation domains, including durables, accommodation, health, and social relations. These results recommend that in the fight against deprivation more emphasis should be directed to these non‐monetary relevant dimensions. 相似文献
5.
Will Chancellor Shiji Zhao 《Economic Papers: A journal of applied economics and policy》2021,40(1):14-30
As the issue of agricultural household economic well‐being begins to resurface, we use custom data sets to compare the financial position of agricultural households to the general Australian population. We find that agricultural households tend to have higher levels of wealth compared to households in the average Australian population, yet experience more income volatility on average. Our study brings attention to the important well‐being issue while also highlighting the need to collect robust farm household data in order to better understand the complex dynamics of household well‐being in the Australian agricultural sector. 相似文献
6.
The positive relationship between income and subjective well‐being has been well documented. However, work assessing the relationship of alternative material well‐being metrics to subjective well‐being (SWB) is limited. Consistent with the permanent income hypothesis, we find that a consumption‐based measure out‐performs (surveyed) income in predicting subjective well‐being. When objective measures of consumption are combined with self‐assessments of a household’s standard of living, income becomes insignificant altogether. We obtain our result utilizing household‐level data from Statistics New Zealand’s New Zealand General Social Survey which contains measures of income, SWB and a measure of material well‐being called the Economic Living Standard Index that combines measures of consumption flows and self‐assessments of material well‐being. 相似文献
7.
Gregori Baetschmann 《The German Economic Review》2014,15(3):393-410
This paper studies the evolution of life satisfaction over the life course in Germany. It clarifies the causal interpretation of the econometric model by discussing the choice of control variables and the underidentification between age, cohort and time effects. The empirical part analyzes the distribution of life satisfaction over the life course at the aggregated, subgroup and individual level. To the findings: On average, life satisfaction is mildly decreasing up to age 55 followed by a hump shape with a maximum at 70. The analysis at the lower levels suggests that people differ in their life satisfaction trends, whereas the hump shape after age 55 is robust. No important differences between men and women are found. In contrast, education groups differ in their trends: highly educated people become happier over the life cycle, where life satisfaction decreases for less‐educated people. 相似文献
8.
Ever since the publication of the Stiglitz Report, France has been heavily involved in the measurement of well‐being. The French Statistical Institute (INSEE) has expanded the scope of its existing surveys. It has also launched an innovative experimental survey which, drawing upon a single statistical source, aims for the first time to explore the different dimensions of both objective and subjective quality of life, as highlighted in the Stiglitz Report. It allows us to study, at the individual level, correlations between these dimensions and the accumulation of deprivations. It has enabled us to better understand the links between determinants generally referred to as objective dimensions of quality of life (such as health or education) and subjective well‐being. This information is of paramount importance for policy makers who cannot act directly on the level of people's satisfaction but can only act upon the levers of objective dimensions. This paper presents the main findings of the experimental survey. 相似文献
9.
This study examines how variations in homicide rates in Mexico are associated with the likelihood of participating in cross‐border work, that is, living in Mexico but working in the U.S. Based on Mexican census data from 2000, 2010, and 2015, and information on homicides, a series of ordinary least squares models are estimated to analyze the relationship between cross‐border commuting and homicide rates at the individual level. Fixed effects models are also estimated to study this relationship at the municipal level. The results show that from 2000 to 2010 the increase in homicide rates in northern border municipalities in Mexico reduced the likelihood of being a cross‐border worker, while from 2010 to 2015 the decrease in the homicide rate increased the probability that workers engage in cross‐border work. The decline in the number of cross‐border workers is likely in part a result of the escalation in drug‐related violence that may have led them to change their country of residence. 相似文献
10.
This paper analyses the reliability and consistency of subjective well‐being measures, using the Life in Transition Survey. Drawing on two life satisfaction questions with alternative scales, our results do not reveal substantial biases in accounts of life satisfaction due to framing. Subjective individual assessments of household relative income position, on the other hand, do not appear to be reliable predictors of objective poverty or wealth. We find that subjective relative income position is only weakly correlated with objective welfare measures. There are differences in evaluations of the household's relative standing across different household members, and these differences are correlated with respondent characteristics. 相似文献
11.
《Review of Income and Wealth》2018,64(2):245-269
There has been explosive growth in the analysis of subjective well‐being in Economics over the past 40 years. This article reviews some of this growth, and suggests a number of domains in which future research may proceed. 相似文献
12.
ABSTRACT This paper analyses how the Great Recession affected the gender disparity in material and social deprivation in Europe. We propose multidimensional non-monetary indexes of absolute and relative (i.e. using peer comparisons) deprivations estimated on data from the European Quality of Life Survey for the waves 2007 and 2011. We find that the Great Recession decreased gender disparity over all the dimensions of deprivations. By applying a Blinder-Oaxaca decomposition, we estimate that this decline of gender gap has depended on a reduction of the difference in characteristics between genders that has more than offset an increase of gender discrimination. 相似文献
13.
美国贸易壁垒浅析 总被引：3，自引：0，他引：3
美波 《国际技术经济研究》2002,5(2):35-41
作为世界经济与贸易大国,美国在倡导贸易投资自由化、相对开放本国市场的同时,实施一整套严格的旨在保护本国企业利益的进口管理体制和相关贸易投资措施,涉及关税、非关税措施、技术性贸易壁垒、服务贸易、知识产权等诸多领域。对美国贸易壁垒的研究有助于我辩证地把握全球化趋势,应对加入世界贸易组织的挑战,扩大机遇。 相似文献
14.
This study considered the conservation of money in a closed economic system. In such system, the probability distribution of money is exponential, and similar to the Boltzmann-Gibbs function in a closed energy system. The theoretical concept of econophysics is compared here with empirical data. The current work analyzes the recent data with regard to personal income distribution obtained from United States Census Bureau for the years 2006, 2007 and 2008. The data was best fitted with the exponential function, which supports the theoretical assumption for the income of the majority of the population. This study also investigates this distribution for a population with high personal income. 相似文献
15.
A growing literature has tried to measure the extent to which individuals have equal opportunities to acquire income. At the same time, policymakers have doubled down on efforts to go beyond income when designing policies to enhance well‐being. We attempt to bridge these two areas by measuring the extent to which individuals have equal opportunities to achieve a high level of well‐being. We use the German Socio‐Economic Panel to measure well‐being in four different ways, including incomes. This makes it possible to determine if the way in which well‐being is measured matters for identifying who the opportunity‐deprived are and for tracking inequality of opportunity over time. We find that, regardless of how well‐being is measured, the same people are opportunity‐deprived and equality of opportunity has improved over the past 10 years. This suggests that going beyond income has little relevance if the objective is to provide equal opportunities. 相似文献
16.
Mohsen Bahmani‐Oskooee Artatrana Ratha 《Economic Papers: A journal of applied economics and policy》2011,30(4):497-521
Short‐run response of the trade balance to currency depreciation is summarised by the J‐Curve or S‐Curve. While the J‐Curve relies upon regression analysis applied to a trade balance model, the S‐Curve relies upon cross‐correlation function between the exchange rate and past as well as the future values of the trade balance. All past studies that have analysed response of Australian trade balance to changes in the real value of the Australian dollar have estimated the J‐Curve with not much support for it. In this paper, we rely upon the S‐Curve phenomenon constructed for 146 industries that trade between the United States and Australia. The S‐Curve hypothesis receives support in 89 of the 146 industries providing a breakthrough in this part of the literature. 相似文献
17.
Antoon Spithoven 《Journal of economic issues》2017,51(3):688-697
Demand is an incentive for investment. The latter is necessary to create employment. If demand lags behind supply, then unemployment and underemployment rise. Persistent unemployment and underemployment indicate a dysfunctional price mechanism. Then, only governments can stimulate demand. They may equalize ex ante saving and investment by public investment, income redistribution, or market regulation. 相似文献
18.
A large, extant literature examines the effect of political factors on individual subjective well‐being. These studies have treated political factors as a cause and subjective well‐being as an effect. A sparse but growing literature now advances the argument that subjective well‐being is a cause and voting or political participation an effect. In this paper we examine whether subjective well‐being influences voting and political participation in Ghana. Using data from Wave 6 of the World Values Survey in Ghana, we find that subjective well‐being influences neither voting nor protest behavior. 相似文献
19.
Previous research has found that subjective well‐being (SWB) is lower for individuals classified as being in poverty. We extend the poverty‐SWB literature by focusing on aggregate poverty. Using panel data for 39,239 individuals living in Germany from 2005–2013, we show that people's SWB is negatively correlated with the regional (state‐level) poverty ratio while controlling for individual poverty status and poverty intensity. This suggests that poverty is a public bad. The negative relationship between aggregate poverty and SWB is more salient in the upper segments of the income distribution and is robust to controlling for the rate of unemployment and per capita GDP. The character of poverty as a public bad suggests that poverty alleviation is a matter not only of distributive justice, but of allocative efficiency. 相似文献
20.
从20世纪90年代开始,物流受到中国政府的高度重视,尤其是进入21世纪以来,中国政府出台了一系列的政策法规来促进中国物流的发展,对物流产业起到了积极的推动作用。但是,学习和借鉴美国政府在物流发展中的经验可使我们取长补短,实现跨越式发展。 相似文献