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Using Panel Data on Income Satisfaction

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dc.creator Schwarze, Johannes
dc.date 2000
dc.date.accessioned 2013-10-16T06:58:53Z
dc.date.available 2013-10-16T06:58:53Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18212
dc.identifier ppn:321001443
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18212
dc.description In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be specified. In addition, panel data enables different scale use by the respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which people feel satisfied with their income.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 227
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject C23
dc.subject I31
dc.subject D31
dc.subject ddc:330
dc.subject equivalence scales
dc.subject income satisfaction
dc.subject panel data
dc.subject Einkommensverteilung
dc.subject Disparitätsmaß
dc.subject Sozialpsychologie
dc.subject Haushaltseinkommen
dc.subject Elastizität
dc.subject Panel
dc.subject Schätzung
dc.subject Deutschland
dc.title Using Panel Data on Income Satisfaction
dc.type doc-type:workingPaper


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