Income fluctuations and subjective well-being: Partially mediating effects of remittances
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11310%2F23%3A10470517" target="_blank" >RIV/00216208:11310/23:10470517 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11640/23:00584460
Result on the web
<a href="https://leibniz-ios.de/en/ios-publications/discussion-papers-and-online-publications/working-papers" target="_blank" >https://leibniz-ios.de/en/ios-publications/discussion-papers-and-online-publications/working-papers</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Income fluctuations and subjective well-being: Partially mediating effects of remittances
Original language description
I investigate the consequences of income fluctuations caused by commodity price changes on happiness levels in regions specializing in export agriculture. Using a difference-indifferences framework, I compare subjective well-being patterns of households living in cotton and non-cotton geographical areas of Tajikistan before and after the 2010/11 cotton price increase. The results indicate that exposure to income fluctuations, even to a positive one, is associated with a notable decrease in the reported levels of financial and overall life satisfaction. The well-being changes are mainly observed between households engaged in agricultural employment, the number of which became larger only in cotton regions in response to the shock. The results of triple difference-in-differences estimations reveal that remittances mediate the negative effects of export price fluctuations but only on financial satisfaction, suggesting that a mere compensation of income losses does not fully restore subjective well-being.
Czech name
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Czech description
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Classification
Type
O - Miscellaneous
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
<a href="/en/project/LX22NPO5101" target="_blank" >LX22NPO5101: The National Institute for Research on the Socioeconomic Impact of Diseases and Systemic Risks</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů