المستودع الأكاديمي جامعة المدينة

Heterogeneity in Reported Well-Being : Evidence from Twelve European Countries

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dc.creator Clark, Andrew E.
dc.creator Etilé, Fabrice
dc.creator Postel-Vinay, Fabien
dc.creator Senik, Claudia
dc.creator van der Straeten, Karine
dc.date 2004
dc.date.accessioned 2013-10-16T07:11:24Z
dc.date.available 2013-10-16T07:11:24Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20608
dc.identifier ppn:474215784
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20608
dc.description This paper models the relationship between income and reported well-being using latent class techniques applied to panel data from twelve European countries. Introducing both intercept and slope heterogeneity into this relationship, we strongly reject the hypothesis that individuals transform income into well-being in the same way. We show that both individual characteristics 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 will be reflected in both behaviour and preferences for redistribution.
dc.language eng
dc.relation IZA Discussion paper series 1339
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject C23
dc.subject I30
dc.subject C14
dc.subject ddc:330
dc.subject income
dc.subject utility
dc.subject well-being
dc.subject heterogeneity
dc.subject latent class
dc.subject Einkommen
dc.subject Lebensqualität
dc.subject Interpersoneller Nutzenvergleich
dc.subject Schätzung
dc.subject EU-Staaten
dc.title Heterogeneity in Reported Well-Being : Evidence from Twelve European Countries
dc.type doc-type:workingPaper


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