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Individual Welfare (individual + welfare)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	75%

Selected Abstracts

Enterprise Zones and Individual Welfare: A Case Study of California,

JOURNAL OF REGIONAL SCIENCE, Issue 2 2006
Raphael W. Bostic
The analysis reveals that EZ program participation has a positive impact on both wages and adjusted gross income of EZ participants, and the benefits appear to be greater for taxpayers with very low initial income. It is unclear whether the income boost from EZ participation is permanent or transitory. We also find that participation in the EZ program increases the likelihood that an individual will file a tax return. Because this is a case study, we caution that additional analysis is needed to fully determine the extent to which these results can be generalized. [source]

Stability of international environmental agreements: an illustration with asymmetrical countries

INTERNATIONAL TRANSACTIONS IN OPERATIONAL RESEARCH, Issue 3 2009
Olivier Bahn
Abstract In this paper we use a dynamic model to analyze the composition and stability of international environmental agreements (IEAs) in an asymmetrical framework. Signatory countries are assumed to optimize the total welfare of the international agreement's members, while non-signatory countries optimize their own individual welfare, taking into account the dynamics of the pollution stock. Our model is calibrated using data from the MERGE climate policy assessment model. We briefly review two contrasting approaches to define stability of IEAs, and provide a numerical illustration in each case. [source]

Income distribution and well-being: what can we learn from subjective data?

JOURNAL OF ECONOMIC SURVEYS, Issue 1 2005
Claudia Senik
Abstract., How does the income of others affect my own welfare? This survey of the empirical literature stresses the contribution of subjective data to the understanding of this issue, with an attempt to disentangle direct effects (preference interdependence) from indirect informational effects. It shows that perceived mobility is central to the link between other people's income and individual satisfaction, as it determines individual opportunities and risks. Agents also appreciate the egalitarian nature of mobility itself, so that individual welfare depends on dynamic inequality rather than static income distribution. These studies illustrate how subjective data can bring information on aspects of utility and social interactions that are beyond the scope of the method based on action-revealed preferences. [source]

MIGRATION, MEDICAL AID AND WELFARE*

AUSTRALIAN ECONOMIC PAPERS, Issue 4 2007
WATARU KUREISHI
This paper constructs a simple rural-urban migration model that explicitly incorporates the interactions between the individual's migration decision, the risk of incurring an infectious disease and unemployment. We show that providing a subsidy for health investment in urban regions in the form of medical aid does not improve individual welfare. This is because it induces further urban migration, increases the risk of infection and unemployment, and offsets completely the positive cost-reduction effect. [source]