Income fluctuations and subjective well-being: Partially mediating effects of remittances

Kód výsledku v 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>

Nalezeny alternativní kódy

RIV/00216208:11640/23:00584460

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

Income fluctuations and subjective well-being: Partially mediating effects of remittances

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Income fluctuations and subjective well-being: Partially mediating effects of remittances

Popis výsledku anglicky

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.

Druh

O - Ostatní výsledky

CEP obor

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OECD FORD obor

50201 - Economic Theory

Projekt

<a href="/cs/project/LX22NPO5101" target="_blank" >LX22NPO5101: Národní institut pro výzkum socioekonomických dopadů nemocí a systémových rizik</a><br>

Návaznosti

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

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů