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https://hdl.handle.net/10419/20608
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Clark, Andrew E. | en |
dc.contributor.author | Etilé, Fabrice | en |
dc.contributor.author | Postel-Vinay, Fabien | en |
dc.contributor.author | Senik, Claudia | en |
dc.contributor.author | van der Straeten, Karine | en |
dc.date.accessioned | 2009-01-28T16:15:22Z | - |
dc.date.available | 2009-01-28T16:15:22Z | - |
dc.date.issued | 2004 | - |
dc.identifier.uri | http://hdl.handle.net/10419/20608 | - |
dc.description.abstract | This paper models the relationship between income and reported well-being using latentclass techniques applied to panel data from twelve European countries. Introducing bothintercept and slope heterogeneity into this relationship, we strongly reject the hypothesis thatindividuals transform income into well-being in the same way. We show that both individualcharacteristics and country of residence are strong predictors of the four classes we identify.We expect that differences in the marginal effect of income on well-being across classes willbe reflected in both behaviour and preferences for redistribution. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x1339 | en |
dc.subject.jel | C23 | en |
dc.subject.jel | I30 | en |
dc.subject.jel | C14 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | income | en |
dc.subject.keyword | utility | en |
dc.subject.keyword | well-being | en |
dc.subject.keyword | heterogeneity | en |
dc.subject.keyword | latent class | en |
dc.subject.stw | Einkommen | en |
dc.subject.stw | Lebensqualität | en |
dc.subject.stw | Interpersoneller Nutzenvergleich | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | EU-Staaten | en |
dc.title | Heterogeneity in Reported Well-Being : Evidence from Twelve European Countries | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 474215784 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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