Subjective aspects of economic poverty. Ordered response model approach
Paper analyses subjective economic welfare and well-being in Polish households. The study is based on the Household Budget Survey carried out by the Central Statistical Office in Poland. Subjective measures are estimated using households’ answers to questions about the own satisfaction with their financial situation. The inspiration for this research comes from Schwarze’s article  where ordered logit model was applied to estimate the equivalence scale elasticity. Such model implicitly assumes that the effects of the explanatory variables are identical at each cut-off point between categories, what is known as the “parallel regression assumption”. Paper indicates the violation of this assumption for the sample of Polish households of retirees as the whole, while the assumption cannot be rejected when we exclude the poorest and richest households. Some of the paper’s results are similar to typical findings in poverty research, such as U-shaped relationship between age and subjective income satisfaction. Different results are found with regard to gender of household head. Also, as compared with other research for Polish data, the method applied here produces higher equivalence scale elasticity.
|Date of creation:||27 Oct 2008|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: + (48)(22) 49 12 51
Fax: + (48)(22) 49 53 12
Web page: http://www.sgh.waw.pl/instytuty/zesEmail:
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bruno S. Frey & Simon Luechinger & Alois Stutzer, .
"Valuing Public Goods: The Life Satisfaction Approach,"
IEW - Working Papers
184, Institute for Empirical Research in Economics - University of Zurich.
- Bruno S. Frey & Simon Luechinger & Alois Stutzer, 2004. "Valuing Public Goods: The Life Satisfaction Approach," CESifo Working Paper Series 1158, CESifo Group Munich.
- Bruno S. Frey & Simon Luechinger & Alois Stutzer, 2004. "Valuing Public Goods: The Life Satisfaction Approach," CREMA Working Paper Series 2004-11, Center for Research in Economics, Management and the Arts (CREMA).
- Bruno S. Frey & Alois Stutzer, 2000.
"Happiness, Economy and Institutions,"
CESifo Working Paper Series
246, CESifo Group Munich.
- repec:dgr:kubcen:19943 is not listed on IDEAS
- repec:dgr:uvatin:20020022 is not listed on IDEAS
- Johannes Schwarze, 2003. "Using Panel Data on Income Satisfaction to Estimate Equivalence Scale Elasticity," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 49(3), pages 359-372, 09.
- repec:dgr:uvatin:20020014 is not listed on IDEAS
- repec:ner:tilbur:urn:nbn:nl:ui:12-361898 is not listed on IDEAS
- Kapteyn, A.J., 1994. "The measurement of household cost functions : Revealed preference versus subjective measures," Discussion Paper 1994-3, Tilburg University, Center for Economic Research.
- Kapteyn, Arie, 1994. "The Measurement of Household Cost Functions: Revealed Preference versus Subjective Measures," Journal of Population Economics, Springer, vol. 7(4), pages 333-50, November.
- repec:ner:tilbur:urn:nbn:nl:ui:12-364386 is not listed on IDEAS
- repec:dgr:uvatin:20000053 is not listed on IDEAS
When requesting a correction, please mention this item's handle: RePEc:wse:wpaper:29. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marcin Owczarczuk)
If references are entirely missing, you can add them using this form.