When money fell from the sky : Investigating the impact of exogenous income increase on life satisfaction in East Germany.
In this paper, we use the instrument variable (IV) method with a two-stage least squares (2SLS) estimator to explore the impact of exogenous income changes on happiness. Our study is based on the German post-reunification period from 1991 to 1995, when East German income levels, by no means of produ...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2011
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/44236 |