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: | Quek, Adeline Su Yee., Toh, Wen Qiang., Yeo, Fiona Hui Juan. |
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Other Authors: | School of Humanities and Social Sciences |
Format: | Final Year Project (FYP) |
Language: | English |
Published: |
2011
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/44236 |
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