A simple statistical method for measuring how life events affect happiness

[…] 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 […]

Degrees of freedom:do graduate women escape the motherhood gap in pensions?

[…] minimal loss of lifetime earnings and no loss of pension income. This paper uses data from the British General Household Surveys from 1994-1996 to examine how the impact of childrearing on women’s full and part time employment, earnings and private pension coverage varies according to educational level. Less than half of women with dependent […]