کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
969783 1479471 2011 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Perception and retrospection: The dynamic consistency of responses to survey questions on wellbeing
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Perception and retrospection: The dynamic consistency of responses to survey questions on wellbeing
چکیده انگلیسی

Implementation of broad approaches to welfare analysis usually entails the use of ‘subjective’ welfare indicators. We analyse BHPS data on financial wellbeing to determine whether reported current and retrospective perceptions are consistent with each other and with the existence of a common underlying wellbeing concept. We allow for adjustment of perceptions in a vector ARMA model for panel data, with dependent variables observed ordinally and find that current perceptions exhibit slow adjustment to changing circumstances and retrospective assessments of past wellbeing are heavily contaminated by current circumstances, causing significant bias in measures of the level and change in welfare.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Public Economics - Volume 95, Issues 3–4, April 2011, Pages 300–310
نویسندگان
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