[…] advanced industrial societies. But most existing studies of the relationship between the availability of financial resources and health status fail to distinguish between the transient and permanent impact of poverty on health. Many studies also fail to address the possibility of reverse causation; poor health causes low income. This paper aims to address these […]

[…] paper we use data from the 1989 U.K. Lone Parent Survey to provide new evidence about the determinants of U.K. lone mothers’ employment rates, and about the impact of child care costs in particular. We find significant disincentive effects for child care costs, plus some novel findings about knowledge of the benefit system, and […]

[…] coefficients of income and life events on happiness allow us to calculate a monetary ‘compensating amount’ for each kind of life event. Results The paper calculates the impact of different life events upon human well-being. Getting married, for instance, is calculated to bring each year the same amount of happiness, on average, as having […]