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Robust Ranking of Happiness Outcomes: A Median Regression Perspective

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  • Chen, Le-Yu
  • Oparina, Ekaterina
  • Powdthavee, Nattavudh
  • Srisuma, Sorawoot

Abstract

Ordered probit and logit models have been frequently used to estimate the mean ranking of happiness outcomes (and other ordinal data) across groups. However, it has been recently highlighted that such ranking may not be identified in most happiness applications. We suggest researchers focus on median comparison instead of the mean. This is because the median rank can be identified even if the mean rank is not. Furthermore, median ranks in probit and logit models can be readily estimated using standard statistical softwares. The median ranking, as well as ranking for other quantiles, can also be estimated semiparametrically and we provide a new constrained mixed integer optimization procedure for implementation. We apply it to estimate a happiness equation using General Social Survey data of the US.

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  • Chen, Le-Yu & Oparina, Ekaterina & Powdthavee, Nattavudh & Srisuma, Sorawoot, 2022. "Robust Ranking of Happiness Outcomes: A Median Regression Perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 672-686.
  • Handle: RePEc:eee:jeborg:v:200:y:2022:i:c:p:672-686
    DOI: 10.1016/j.jebo.2022.06.010
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    4. Kim, Seonghoon & Koh, Kanghyock, 2019. "The Effects of the Affordable Care Act Medicaid Expansion on Subjective Well-being," IZA Discussion Papers 12636, Institute of Labor Economics (IZA).
    5. Bucciol, Alessandro & Zarri, Luca, 2020. "Wounds that time can’t heal: Life satisfaction and exposure to traumatic events," Journal of Economic Psychology, Elsevier, vol. 76(C).
    6. O'Connor, Kelsey J., 2020. "The effect of immigration on natives’ well-being in the European Union," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 257-274.
    7. Bucciol, Alessandro & Burro, Giovanni, 2022. "Is there a happiness premium for working in the public sector? Evidence from Italy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 97(C).
    8. Stöckel, Jannis & van Exel, Job & Brouwer, Werner B.F., 2023. "Adaptation in life satisfaction and self-assessed health to disability - Evidence from the UK," Social Science & Medicine, Elsevier, vol. 328(C).
    9. O'Connor, Kelsey J., 2022. "Measuring Progress," IZA Policy Papers 194, Institute of Labor Economics (IZA).
    10. Hock‐Eam Lim & Daigee Shaw & Le‐Yu Chen & Pei‐Shan Liao, 2023. "Distributional Effects of Freedom and Income on Life Satisfaction: Evidence from East Asian Chinese Societies," Asian Economic Journal, East Asian Economic Association, vol. 37(1), pages 113-143, March.
    11. Daniel J. Benjamin & Kristen Cooper & Ori Heffetz & Miles S. Kimball, 2023. "From Happiness Data to Economic Conclusions," NBER Working Papers 31727, National Bureau of Economic Research, Inc.
    12. Costi, Chiara & Clark, Andrew E. & Lepinteur, Anthony & D'Ambrosio, Conchita, 2023. "Healthcare Workers and Life Satisfaction during the Pandemic," IZA Discussion Papers 16680, Institute of Labor Economics (IZA).
    13. Andrew Chesher & Adam Rosen & Zahra Siddique, 2019. "Estimating Endogenous Effects on Ordinal Outcomes," CeMMAP working papers CWP66/19, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    14. David W. Johnston & Olena Stavrunova, 2021. "Subjective Wellbeing Dynamics," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(4), pages 518-529, December.
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    17. David G. Blanchflower & Alex Bryson, 2024. "Wellbeing Rankings," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 171(2), pages 513-565, January.
    18. Carol Graham, 2005. "The Economics of Happiness," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 6(3), pages 41-55, July.

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    More about this item

    Keywords

    Median regression; mixed integer optimization; ordered-response model; quantile regression; subjective well-being;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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