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Determinants of Self-Reported Financial Security for Oklahoma County Households – An Application of Multiple Imputation

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  • David A. Penn

Abstract

Economists are giving more attention to the issue of subjective well-being. A recent study of households in West Virginia treats subjective well-being in a quality of life context (Bukenya 2003) in rural areas. Wolfers (2003) examines business cycle volatility and subjective well-being, while McBride (2001) models relative-income effects on subjective well-being. A recent study (Praag 2002) considers financial situation as a domain of well-being, along with health, employment, leisure, housing, and environment. This study examines the factors that determine financial well-being for households in Oklahoma County, Oklahoma. The study is motivated by the availability of extensive household-level data for a six year period for Oklahoma County.

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File URL: http://capone.mtsu.edu/berc/working/Aprilobb.2005.pdf
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Paper provided by Middle Tennessee State University, Department of Economics and Finance in its series Working Papers with number 200504.

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Date of creation: Jul 2005
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Handle: RePEc:mts:wpaper:200504

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Web page: http://www.mtsu.edu/~berc/working/Economics_Working_Papers.html
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Keywords: Missing Data; Oklahoma; Multiple Imputation;

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  1. Bernard M.S. van Praag & P. Frijters & A. Ferrer-i-Carbonell, 2002. "The Anatomy of Subjective Well-being," Tinbergen Institute Discussion Papers 02-022/3, Tinbergen Institute.
  2. Easterlin, Richard A., 2001. "Subjective well-being and economic analysis: a brief introduction," Journal of Economic Behavior & Organization, Elsevier, vol. 45(3), pages 225-226, July.
  3. McBride, Michael, 2001. "Relative-income effects on subjective well-being in the cross-section," Journal of Economic Behavior & Organization, Elsevier, vol. 45(3), pages 251-278, July.
  4. Wolfers, Justin, 2003. "Is Business Cycle Volatility Costly? Evidence from Surveys of Subjective Well-Being," International Finance, Wiley Blackwell, vol. 6(1), pages 1-26, Spring.
  5. James O. Bukenya & Tesfa G. Gebremedhin & Peter V. Schaeffer, 2003. "Analysis of Quality of Life and Rural Development: Evidence from West Virginia Data," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 34(2), pages 202-218.
  6. Adam Davey & Michael J. Shanahan & Joseph L. Schafer, 2001. "Correcting for Selective Nonresponse in the National Longitudinal Survey of Youth Using Multiple Imputation," Journal of Human Resources, University of Wisconsin Press, vol. 36(3), pages 500-519.
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