NEP: New Economics Papers Unemployment, Inequality and Poverty Edited by: Maximo Rossi Universidad de la Republica Issue date: 2013-10-25 Papers: 4 Note: Access to full contents may be restricted. NEP is sponsored by the School of Economics and Finance of Victoria University of Wellington. To subscribe/unsubscribe follow this link lists.repec.org/mailman/options/nep-ltv In this issue we have: Happy Peasants and Frustrated Achievers? Agency, Capabilities, and Subjective Well-Being Carol Graham; Milena Nikolova An Assessment of Life Satisfaction Responses on Recent Statistics Canada Surveys Bonikowska, Aneta Helliwell, John F. The Chilean Labor Market: Job Creation, Quality, Inclusiveness, and Future Challenges Parro, Francisco; Reyes, Loreto Time preferences and lifetime outcomes Golsteyn, Bart; Grönqvist, Hans; Lindahl, Lena Contents. Happy Peasants and Frustrated Achievers? Agency, Capabilities, and Subjective Well-Being Date: 2013-09 By: Carol Graham (The Brookings Institution) Milena Nikolova (University of Maryland, College Park) URL: d.repec.org/n?u=RePEc:hka:wpaper:2013-13&r=ltv We explore the relationship between agency and hedonic and evaluative dimensions of well-being, using data from the Gallup World Poll. We posit that individuals emphasize one well-being dimension over the other, depending on their agency. We test four hypotheses including whether: (i) positive levels of well-being in one dimension coexist with negative ones in another; and (ii) individuals place a different value on agency depending on their positions in the well-being and income distributions. We find that: (i) agency is more important to the evaluative well-being of respondents with more means; (ii) negative levels of hedonic well-being coexist with positive levels of evaluative well-being as people acquire agency; and (iii) both income and agency are less important to well-being at highest levels of the well-being distribution. We hope to contribute insight into one of the most complex and important components of well-being, namely, peoples capacity to pursue fulfilling lives. Keywords: agency, capabilities, subjective well-being JEL: I14 G18 O5 An Assessment of Life Satisfaction Responses on Recent Statistics Canada Surveys Date: 2013-10-11 By: Bonikowska, Aneta Helliwell, John F. URL: d.repec.org/n?u=RePEc:stc:stcp3e:2013351e&r=ltv Measures of subjective well-being are increasingly prominent in international policy discussions about how best to measure societal progress and the well-being of national populations. This has implications for national statistical offices, as calls have been made for them to include measures of subjective well-being in their household surveys (Organization for Economic Cooperation and Development 2013). Statistics Canada has included measures of subjective well-being - particularly life satisfaction - in its surveys for twenty-five years, although the wording of these questions and the response categories have evolved over time. Statistics Canadas General Social Survey (GSS) and Canadian Community Health Survey (CCHS) offer a valuable opportunity to examine the stability of life satisfaction responses and their correlates from year to year using a consistent analytical framework. Keywords: Statistical methods, Health, Quality assurance, Mental health and well-being The Chilean Labor Market: Job Creation, Quality, Inclusiveness, and Future Challenges Date: 2013-05 By: Parro, Francisco Reyes, Loreto URL: d.repec.org/n?u=RePEc:pra:mprapa:50755&r=ltv This paper analyzes recent labor market developments in the Chilean economy. The evidence shows a booming labor market with strong job creation since 2010. Most of the jobs created during the past three years are quality jobs—that is, jobs with a written contract and whose employers have made the corresponding payments toward pensions, healthcare, and unemployment insurance. We show that a combination of economic growth and specific policies seems to be the driving force behind the strong creation of quality jobs. Additionally, we show that the rapid job creation has been inclusive and constitutes one of the potential explanations for the fall in income inequality observed during the past three years. However, a further reduction in income inequality remains an important challenge for the future. Greater access to a quality education for vulnerable groups is the key to achieving that goal. Keywords: Labor Markets, Inequality, Skills JEL: J21 J24 J31 Time preferences and lifetime outcomes Date: 2013-10-04 By: Golsteyn, Bart (ROA, Maastricht University) Grönqvist, Hans (Swedish Institute for Social Research (SOFI), Stockholm University) Lindahl, Lena (Swedish Institute for Social Research (SOFI)) URL: d.repec.org/n?u=RePEc:hhs:ifauwp:2013_022&r=ltv This paper investigates the relationship between time preferences and lifetime social and economic behavior. We use a Swedish longitudinal dataset that links information from a large survey on children’s time preferences at age 13 to administrative registers spanning over four decades. Our results indicate a substantial adverse relationship between high discount rates and school performance, health, labor supply, and lifetime income. Males and high ability children gain significantly more from being future-oriented. These discrepancies are largest regarding outcomes later in life. We also show that the relationship between time preferences and long-run outcomes operates through early human capital investments. Keywords: Intertemporal choice; personality; preference parameter; human capital; income; health JEL: D03 D91 J01 This nep–ltv issue is ©2013 by Maximo Rossi. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, it must include this copyright notice. It may not be sold, or placed in something else for sale. General information on the NEP project can be found at nep.repec.org/. For comments please write to the director of NEP, Marco Novarese at < director @ nep point repec point org >. _______________________________________________ nep-ltv mailing list [email protected] lists.repec.org/mailman/listinfo/nep-ltv
Posted on: Wed, 13 Nov 2013 18:10:33 +0000
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