We ask whether women’s decisions to be in the labor force may be affected by the decisions of other women in ways not captured by standard models. We develop a model that augments the simple neoclassical framework by introducing relative income concerns into women’s (or families’) utility functions. In this model, the entry of some …
카테고리 글 보관함:행복DB
Irwin, F. W. (1944). The realism of expectations. Psychological Review, 51(2), 120-126.
Levels of expectation are considered to be distributed along a continuum with realistic at one extreme and unrealistic at the other. Experimental data were analyzed with reference to the several criteria. Reliability and generality of the level of expectation were shown to be sensitive to the position of the expectations on the realism-unrealism continuum. Failure …
더 보기 “Irwin, F. W. (1944). The realism of expectations. Psychological Review, 51(2), 120-126.”
Bowles, S. (1998). Endogenous preferences: The cultural consequences of markets and other economic institutions. Journal of economic literature, 36(1), 75-111.
초록 없음 Bowles, S. (1998). Endogenous preferences: The cultural consequences of markets and other economic institutions. Journal of economic literature, 36(1), 75-111. https://www.jstor.org/stable/2564952
Carroll, C. D., Overland, J., & Weil, D. N. (2000). Saving and growth with habit formation. American Economic Review, 90(3), 341-355.
Saving and growth are strongly positively correlated across countries. Recent empirical evidence suggests that this correlation holds largely because high growth leads to high saving, not the other way around. This evidence is difficult to reconcile with standard growth models, since forward-looking consumers with standard utility should save less in a fast-growing economy because they …
Frank, R. H. (1985). The demand for unobservable and other nonpositional goods. The American Economic Review, 75(1), 101-116.
초록 없음 Frank, R. H. (1985). The demand for unobservable and other nonpositional goods. The American Economic Review, 75(1), 101-116. https://www.jstor.org/stable/1812706
Pollak, R. A. (1976). Interdependent preferences. The American Economic Review, 66(3), 309-320.
초록 없음 Pollak, R. A. (1976). Interdependent preferences. The American Economic Review, 66(3), 309-320. https://www.jstor.org/stable/1828165
Ferrer‐i‐Carbonell, A., &Frijters, P. (2004). How important is methodology for the estimates of the determinants of happiness?. The Economic Journal, 114(497), 641-659.
Psychologists and sociologists usually interpret happiness scores as cardinal and comparable across respondents, and thus run OLS regressions on happiness and changes in happiness. Economists usually assume only ordinality and have mainly used ordered latent response models, thereby not taking satisfactory account of fixed individual traits. We address this problem by developing a conditional estimator …
Hayo, B., &Seifert, W. (2003). Subjective economic well-being in Eastern Europe. Journal of Economic Psychology, 24(3), 329-348.
This paper analyses subjective economic well-being in several Eastern European countries from 1991 to 1995. Economic well-being explains a significant part of the variation in overall life satisfaction of Eastern Europeans. In an ordered logit model, the determinants of subjective economic well-being are analysed. Some results are very similar to typical findings in happiness regressions, …
Mellers, B. A. (2000). Choice and the relative pleasure of consequences. Psychological Bulletin, 126(6), 910-924.
Although pleasure played a central role in early theories of decision making, it gradually became peripheral, largely because of measurement concerns. Normative theories became more mathematical, and deive theories emphasized cognition over emotion. In recent years, there has been a renewed interest in emotions and choice. This article examines attempts to model pleasure and pain …
Smith, R. H., Diener, E., &Wedell, D. H. (1989). Intrapersonal and social comparison determinants of happiness: A range-frequency analysis.
Examined whether intrapersonal comparisons and social comparisons operate in similar ways to determine ratings of happiness. Events were varied to create positively and negatively skewed distributions. The events in each distribution were ascribed to either a single person or a group of people; Ss rated how happy they would feel if they experienced specific events …