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|Longitudinal Study:||HILDA||Title:||The causal effect of income on life satisfaction and the implications for the life satisfaction approach||Authors:||Ambrey, C||Publication Date:||Nov-2014||Keywords:||Happiness
Household, Income and Labour Dynamics in Australia (HILDA) Survey
|Abstract:||This paper illustrates the use of an exogenous shock (a major financial improvement) to value poor health and compares the valuation to the standard approach of using income. The findings indicate that the standard approach of using conventional income measures could overstate implicit willingness-to-pay estimates by over twice as much.||Conference:||26th PhD Conference in Economics and Business||Conference location:||The Australian National University, Canberra||URL:||https://rse.anu.edu.au/news_events/phd_conference_papers/Ambrey,%20Chris.pdf||Keywords:||Income & Finance; Satisfaction -- Life||Research collection:||Conference Papers|
|Appears in Collections:||Conference Papers|
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