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Subjective Well-Being and the Family: Results from an Ordered Probit Model with Multiple Random Effects

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dc.creator Winkelmann, Rainer
dc.date 2004
dc.date.accessioned 2013-10-16T07:09:33Z
dc.date.available 2013-10-16T07:09:33Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20251
dc.identifier ppn:378959557
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20251
dc.description The previous literature on the determinants of individual well-being has failed to fully account for the interdependencies in well-being at the family level. This paper develops an ordered probit model with multiple random effects that allows to identify the intrafamily correlation in well-being. The parameters of the model can be estimated with panel data using Maximum Marginal Likelihood. The approach is illustrated in an application using panel data for the period 1984-1997 from the German Socio-Economic Panel in which both inter-generational and intra-marriage correlations in well-being are estimated.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1016
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject I31
dc.subject C25
dc.subject C23
dc.subject J19
dc.subject ddc:330
dc.subject ordered probit model
dc.subject error components
dc.subject German Socio-Economic Panel
dc.subject Lebensqualität
dc.subject Familie
dc.subject Familiensoziologie
dc.subject Probit-Modell
dc.subject Schätzung
dc.subject Deutschland
dc.title Subjective Well-Being and the Family: Results from an Ordered Probit Model with Multiple Random Effects
dc.type doc-type:workingPaper


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