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DEPRIVATION AND SUBJECTIVE WELL-BEING: EVIDENCE FROM PANEL DATA

机译:剥夺和主观幸福感:来自面板数据的证据

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This paper uses data from the 2000-08 waves of the German Socio-Economic Panel dataset (SOEP) to assess the impact of deprivation in various life domains upon individual well-being. Unobserved heterogeneity is controlled for by means of a random effects model extended to include a Mundlak term and explicit controls for the respondents' personality traits. The paper shows that people care about social comparison information in a number of domains, not just income. Using an equivalent income approach, the estimates suggest that a one standard deviation deterioration of the individual position in the income distribution is as important as a 33.5 percent decrease in own income. This monetary equivalent amounts to an income variation of between 25 and 43 percent when it comes to other deprivation domains, including durables, accommodation, health, and social relations. These results recommend that in the fight against deprivation more emphasis should be directed to these non-monetary relevant dimensions.
机译:本文使用来自德国社会经济面板数据集(SOEP)2000-08年浪潮的数据来评估各种生活领域中的剥夺对个人福祉的影响。通过扩展到包括Mundlak术语和对受访者人格特征的明确控制的随机效应模型来控制未观察到的异质性。该论文表明,人们关心的是多个领域的社会比较信息,而不仅仅是收入。使用等价收入方法,估算结果表明,收入分配中个人头寸的一个标准差下降与自身收入下降33.5%一样重要。当涉及其他贫困领域,包括耐用消费品,住宿,健康和社会关系时,这一等价货币的收入差异在25%至43%之间。这些结果表明,在与贫困的斗争中,应更加重视这些与非货币有关的方面。

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