Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/64904 
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dc.contributor.authorBargain, Olivieren
dc.contributor.authorDecoster, Andréen
dc.contributor.authorDolls, Mathiasen
dc.contributor.authorNeumann, Dirken
dc.contributor.authorPeichl, Andreasen
dc.contributor.authorSiegloch, Sebastianen
dc.date.accessioned2012-01-31-
dc.date.accessioned2012-10-15T14:13:16Z-
dc.date.available2012-10-15T14:13:16Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/64904-
dc.description.abstractFollowing the report of the Stiglitz Commission, measuring and comparing well-being across countries has gained renewed interest. Yet, analyses that go beyond income and incorporate non-market dimensions of welfare most often rely on the assumption of identical preferences to avoid the difficulties related to interpersonal comparisons. In this paper, we suggest an international comparison based on individual welfare rankings that fully retain preference heterogeneity. Focusing on the consumption-leisure trade-off, we estimate discrete choice labor supply models using harmonized microdata for 11 European countries and the US. We retrieve preference heterogeneity within and across countries and analyze several welfare criteria which take into account that differences in income are partly due to differences in tastes. The resulting welfare rankings clearly depend on the normative treatment of preference heterogeneity with alternative metrics. We show that these differences can indeed be explained by estimated preference heterogeneity across countries - rather than demographic composition.en
dc.language.isoengen
dc.publisher|aUniversity of Essex, Institute for Social and Economic Research (ISER) |cColchesteren
dc.relation.ispartofseries|aEUROMOD Working Paper |xEM5/11en
dc.subject.jelC35en
dc.subject.jelD63en
dc.subject.jelH24en
dc.subject.jelH31en
dc.subject.jelJ22en
dc.subject.ddc330en
dc.subject.keywordwelfare measuresen
dc.subject.keywordpreference heterogeneityen
dc.subject.keywordlabor supplyen
dc.subject.keywordBeyond GDPen
dc.subject.stwWohlfahrtsanalyseen
dc.subject.stwSozialer Indikatoren
dc.subject.stwPräferenztheorieen
dc.subject.stwArbeitsangeboten
dc.subject.stwFreizeiten
dc.subject.stwKulturelle Identitäten
dc.subject.stwSchätzungen
dc.subject.stwEuropaen
dc.subject.stwUSAen
dc.titleWelfare, labor supply and heterogeneous preferences: Evidence for Europe and the US-
dc.typeWorking Paperen
dc.identifier.ppn684423456en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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