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Age, Life-Satisfaction, and Relative Income: Insights from the UK and Germany
subjective life-satisfaction comparison income reference groups age welfare
2012/10/22
We first confirm previous results with the German Socio-Economic Panel by Layard et al. (2010), and obtain strong negative effects of comparison income. However, when we split the sample by age, we fi...
Extensive and Intensive Margins of Labour Supply: Working Hours in the US, UK and France
labor supply employment hours of work
2012/10/22
This paper documents the key stylised facts underlying the evolution of labour supply at the extensive and intensive margins in the last forty years in three countries: United-States, United-Kingdom a...