Income fluctuations and subjective well-being: partially mediating effects of remittances Azizbek
I investigate the consequences of income fluctuations caused by commodity price changes on happiness levels in regions specialising in export agriculture. Using a difference-indifferences framework, I compare subjective well-being patterns of households living in cotton and non-cotton geographical a...
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|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Regensburg
Leibniz Institute for Eastern and Southeastern European Studies
July 2023
|
| Series: | IOS working papers
No. 400 |
| Online Access: | kostenfrei Volltext |
| Summary: | I investigate the consequences of income fluctuations caused by commodity price changes on happiness levels in regions specialising in export agriculture. Using a difference-indifferences framework, I compare subjective well-being patterns of households living in cotton and non-cotton geographical areas of Tajikistan before and after the 2010/11 cotton price increase. The results indicate that exposure to income fluctuations, even to a positive one, is associated with a notable decrease in the reported levels of financial and overall life satisfaction. The well-being changes are mainly observed between households engaged in agricultural employment, the number of which became larger only in cotton regions in response to the shock. The results of triple difference-in-differences estimations reveal that remittances mediate the negative effects of export price fluctuations but only on financial satisfaction, suggesting that a mere compensation of income losses does not fully restore subjective well-being. |
| Physical Description: | 1 Online-Ressource (v, 14 Seiten) Diagramme |
Staff View
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| 520 | 3 | |a I investigate the consequences of income fluctuations caused by commodity price changes on happiness levels in regions specialising in export agriculture. Using a difference-indifferences framework, I compare subjective well-being patterns of households living in cotton and non-cotton geographical areas of Tajikistan before and after the 2010/11 cotton price increase. The results indicate that exposure to income fluctuations, even to a positive one, is associated with a notable decrease in the reported levels of financial and overall life satisfaction. The well-being changes are mainly observed between households engaged in agricultural employment, the number of which became larger only in cotton regions in response to the shock. The results of triple difference-in-differences estimations reveal that remittances mediate the negative effects of export price fluctuations but only on financial satisfaction, suggesting that a mere compensation of income losses does not fully restore subjective well-being. | |
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| spelling | Tokhirov, Azizbek Verfasser aut Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek Azizbek Tokhirov Regensburg Leibniz Institute for Eastern and Southeastern European Studies July 2023 1 Online-Ressource (v, 14 Seiten) Diagramme txt rdacontent c rdamedia cr rdacarrier IOS working papers No. 400 I investigate the consequences of income fluctuations caused by commodity price changes on happiness levels in regions specialising in export agriculture. Using a difference-indifferences framework, I compare subjective well-being patterns of households living in cotton and non-cotton geographical areas of Tajikistan before and after the 2010/11 cotton price increase. The results indicate that exposure to income fluctuations, even to a positive one, is associated with a notable decrease in the reported levels of financial and overall life satisfaction. The well-being changes are mainly observed between households engaged in agricultural employment, the number of which became larger only in cotton regions in response to the shock. The results of triple difference-in-differences estimations reveal that remittances mediate the negative effects of export price fluctuations but only on financial satisfaction, suggesting that a mere compensation of income losses does not fully restore subjective well-being. IOS working papers No. 400 (DE-604)BV040033175 400 http://www.dokumente.ios-regensburg.de/publikationen/wp/wp_400.pdf Verlag kostenfrei https://hdl.handle.net/10419/273577 Resolving-System kostenfrei Volltext |
| spellingShingle | Tokhirov, Azizbek Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek IOS working papers |
| title | Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek |
| title_auth | Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek |
| title_exact_search | Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek |
| title_exact_search_txtP | Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek |
| title_full | Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek Azizbek Tokhirov |
| title_fullStr | Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek Azizbek Tokhirov |
| title_full_unstemmed | Income fluctuations and subjective well-being partially mediating effects of remittances Azizbek Azizbek Tokhirov |
| title_short | Income fluctuations and subjective well-being |
| title_sort | income fluctuations and subjective well being partially mediating effects of remittances azizbek |
| title_sub | partially mediating effects of remittances Azizbek |
| url | http://www.dokumente.ios-regensburg.de/publikationen/wp/wp_400.pdf https://hdl.handle.net/10419/273577 |
| volume_link | (DE-604)BV040033175 |
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