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Refereed essays Web of Science
This paper explores the dynamics of inflation in Ukraine in a period of relative macroeconomic stability. The analysis of the interrelationship among inflation, money growth, wage growth, and devaluation expectations is based on impulse responses and variance decomposition of a vector autoregression model. We find that changes in devaluation expectations appear to be the most important factor driving ...
In:
Eastern European Economics
43 (2005), 6, S. 66-81
| Boriss Siliverstovs, Olena Bilan
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Diskussionspapiere 407 / 2004
We link life-satisfaction data to inequality of the pre- and post-government income distribution at the regional level, to estimate the degree of inequality aversion. Three different inequality measures are used. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find only weak evidence that Germans are inequality averse. Inequality reduction ...
2004| Johannes Schwarze, Marco Härpfer
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Diskussionspapiere 476 / 2005
The paper explores dynamics of inflation in Ukraine in the period of relative macroeconomic stability. The analysis of interrelationship between inflation, money growth, wage growth, and a proxy for devaluation expectations is based on impulse responses and variance decomposition of a vector autoregression model. We find that changes in devaluation expectations appear to be the most important factor ...
2005| Boriss Siliverstovs, Olena Bilan
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Diskussionspapiere 475 / 2005
Much progress has been made in recent years on developing and applying a direct measure of utility using survey questions on subjective well-being. In this paper we explore whether this new type of measurement can be fruitfully applied to the study of interdependent utility in general, and altruism between parents and children in particular. We introduce an appropriate econometric methodology and, ...
2005| Johannes Schwarze, Rainer Winkelmann
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Diskussionspapiere 265 / 2001
Subjective Well-Being has increasingly been studied by several economists. This paper fits in that literature but takes into account that there are different aspects of life such as health, financial situation, and job. We call them domains. In this paper, we consider Subjective Well-Being as a composite of various domain satisfactions (DS). We postulate a two -layer model where individual Subjective ...
2001| Bernard M. S. van Praag, P. Frijters, Ada Ferrer-i-Carbonell
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Refereed essays Web of Science
This paper explores the relationship between two well-established concepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income, and relative deprivation, i.e. the gaps between the individual's income and the incomes of all individuals richer than him. Operationalizing both concepts using micro panel data from the German Socio-Economic Panel, ...
In:
Social Indicators Research
81 (2007), 3, S. 497-519
| Conchita D'Ambrosio, Joachim R. Frick
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Weitere externe Aufsätze
In:
Richard J. Estes (Ed.) ,
Advancing Quality of Life in a Turbulent World
Berlin [u.a.] : Springer
S. 85-102
Social Indicators Research Series ; 29
| Martina Schäfer, Lydia Illge
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SOEPpapers 549 / 2013
Subjective well-being (SWB) is generally argued to rise with relative income. However, direct evidence is scarce on whether and how intensively individuals undertake income comparisons, to whom they relate, and what they perceive their relative income to be. In this paper, novel data with direct information on income comparison intensity and perceived relative income with respect to predetermined reference ...
2013| Laszlo Goerke, Markus Pannenberg
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Diskussionspapiere 1257 / 2012
This paper summarizes the micro-level survey evidence from Central Asia generated and analyzed between 1991 and 2012. We provide an exhaustive overview over all accessible individual and household-level surveys undertaken in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan - and of all English-language academic papers published using these datasets. We argue that Central Asia is a fascinating ...
2012| Tilman Brück, Damir Esenaliev, Antje Kroeger, Alma Kudebayeva, Bakhrom Mirkasimov, Susan Steiner
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SOEPpapers 452 / 2012
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation are actually found in a considerable variety of economic and social activities, rendering conclusions regarding ...
2012| Andrew E. Clark