MARC Record from Library of Congress

LEADER: 01727cam a22002897a 4500
001 2005617455
003 DLC
005 20050428160613.0
007 cr |||||||||||
008 050419s2004 gw sb 000 0 eng
010 $a 2005617455
040 $aDLC$cDLC
043 $ae------
050 00 $aHD5701
245 00 $aHeterogeneity in reported well-being$h[electronic resource] :$bevidence from twelve European countries /$cby Andrew Clark ... [et al.].
260 $aBonn, Germany :$bIZA,$c[2004]
490 1 $aDiscussion paper ;$vno. 1339
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 4/19/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"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"--Forschungsinstitut zur Zukunft der Arbeit web site.
650 0 $aIncome$zEurope.
700 1 $aClark, Andrew E.
830 0 $aDiscussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;$vno. 1339
856 40 $uhttp://www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=1339