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Cross-sectional and longitudinal equivalence scales for West Germany based on subjective data on life satisfaction

Working Paper 2013-306

Abstract

The present study calculates variable, cross-sectional as well as longitudinal equivalence scales on the basis of the German 1984-2010 Socio-Economic Panel (SOEP) database for West Germany. It follows the "individual variant" for calculating subjective equivalence scales using "life satisfaction" as a proxy variable for "utility".

Authors: Jurgen Faik.

Keywords: Equivalence scales, life satisfaction, longitudinal analysis, cohorts’ well-being.
JEL: D30, D31, D60.