A cross-state comparison of measures of subjective wellbeing

Using data drawn from the 2010 American Time Use Survey Well-Being Module, this study examines the relationship between three measures of subjective wellbeing based on time-use data and an objective measure of wellbeing. Whereas the measures of affect—net affect and the U-index—are uncorrelated with the objective quality-of-life ranking of the 50 states in the United States, the measure of meaningfulness shows a significant correlation with objective ranking. The reason for the significant correlation between the measure of meaningfulness and the objective measure of wellbeing is because, when engaged in similar activities, people living in states with better quality of life felt, after controlling for their individual characteristics, their lives to be more meaningful than those living in states with poor amenities, not because time use varies substantially by state

Welfare Reform and Changes in the Economic Well-Being of Children

Since the implementation of the Temporary Assistance for Needy Families program in late-1996, welfare rolls have declined by more than half. This paper explores whether improvements in the economic well-being of children have accompanied this dramatic reduction in welfare participation. Further, we examine the degree to which the success or failure of welfare reform has been shared equally among families of varying educational background. We analyze data from the March Current Population Surveys over the years 1988 through 2001. Specifically, we link data for families with children who are interviewed in adjacent years and determine whether their economic circumstances either improved or deteriorated. We use two alternative approaches to address this general issue: a variety of regression models and a difference-in-differences methodology. These approaches provide consistent answers. In a bivariate framework TANF is associated with higher incomes; but this association becomes insignificant in the presence of business cycle controls. We also determine that children who were poor at an initial time period benefit differently, depending on their parents' educational attainment level. Poor children with parents who do not have a high school degree are significantly worse off in the TANF era, relative to the era prior to welfare reform, than are their more educated counterparts.

The Effect of Subjective Survival Probabilities on Retirement and Wealth in the United States

We explore the proposition that expected longevity affects retirement decisions and accumulated wealth using micro data drawn from the Health and Retirement Study for the United States. We use data on a person's subjective probability of survival to age 75 as a proxy for their prospective lifespan. In order to control for the presence of measurement error and focal points in responses, as well as reverse causality, we instrument subjective survival probabilities using information on current age, or age at death, of the respondent's parents. Our estimates indicate that increased subjective probabilities of survival result in increased household wealth among couples, with no effect on the length of the working life. These findings are consistent with the view that retirement decisions are driven by institutional constraints and incentives and that a longer expected lifespan leads to increased wealth accumulation.

The Effect of Subjective Survival Probabilities on Retirement and Wealth in the United States

We explore the proposition that expected longevity affects retirement decisions and accumulated wealth using micro data drawn from the Health and Retirement Study for the United States. We use data on a person’s subjective probability of survival to age 75 as a proxy for their prospective lifespan. In order to control for the presence of measurement error and focal points in responses, as well as reverse causality, we instrument subjective survival probabilities using information on current age, or age at death, of the respondent’s parents. Our estimates indicate that increased subjective probabilities of survival result in increased household wealth among couples, with no effect on the length of the working life. These findings are consistent with the view that retirement decisions are driven by institutional constraints and incentives and that a longer expected lifespan leads to increased wealth accumulation.survival, health, longevity, retirement, wealth

Children facing economic hardships in the United States

This paper helps document significant improvements in the child low-income rate as well as the significant decrease in the proportion of children who relied on public assistance in the United States during the 1990s. Many disadvantaged groups of children were less likely to live in poor or low-income families in the late 1990s than such children a decade earlier. The improvement in the child low-income rates of these disadvantaged groups was accompanied by a substantial increase in parental employment. However, parental employment appears to do less to protect children from economic hardship than it did a decade earlier. This paper shows that working families’ children in many disadvantaged social groups, especially groups in medium risk ranks--children in families with parents between ages 25 to 29, with parents who only had a high-school diploma, and in father-only families--suffered the largest increase in economic hardship. Our results indicate that the increased odds of falling below low-income lines among children in working families facing multiple disadvantaged characteristics and the increased proportion of these children in various subgroups of working families in the 1990s can help explain the increased economic hardship among subgroups in the medium risk ranks listed above. Finally, the paper also notes that the official measure of poverty tends to underestimate low-income rates.bootstrap, child poverty, employment, income, low income, poverty measure, welfare reform

Living at the Edge: American Low-Income Children and Families

By analyzing data from the Current Population Survey March Supplements, Living at the Edge explores the following questions about children in low-income families in the United States: What are the overall changes in the low-income and poverty rates for children over the past quarter century? How has the population of children in low-income families changed over the past decade? Which children are more likely to live in low-income families? How have changes in parental employment status affected the likelihood of children living in low-income families? What are the state by state variations in child low-income and poverty rates, and how have these changed in the last decade? How does a more inclusive definition of family income and expenses affect our understanding of the poverty and near-poverty rates of children in low-income families? This report helps document significant improvements in the child low-income rate as well as the significant decrease in the proportion of children who relied on public assistance during the 1990s. However, Living at the Edge also finds a notable increase in the share of children who lived in near-poor families (those with incomes between 100 and 200 percent of the poverty line) among children in low-income families during the 1990s. Many disadvantaged groups of children, including those with young parents, minority parents, parents with limited education, or unmarried parents, were less likely to live in poor or low-income families in the late 1990s than such children a decade earlier. The improvement in the child low-income rates of these disadvantaged groups was closely related to an increase in parental employment during the late 1990s. However, the low-income rate worsened for children whose more educated parent had a high-school diploma but no college education. For children of many disadvantaged social groups, parental employment appears to do less to protect them from economic hardship then it did a decade earlier. The groups that suffered the most in reduced economic security given parental employment status were those in the medium risk ranks (children in families with at least one parent between ages 25 to 39, children whose more educated parent had only has a high school diploma, and in father-only families). The report also notes that the official measure of poverty ignores the burden of medical and work related expenses as well as taxes and therefore tends to underestimate the share of children in near-poor and low-income families facing economic insecurity. Finally, we discuss the policy implications for our findings

Determination of the thermoelectric properties of a skutterudite-based device at practical operating temperatures by impedance spectroscopy

Skutterudite-based thermoelectric materials are promising candidates for waste heat recovery applications at intermediate temperatures (300–500 °C) owing to their high dimensionless figure of merit and power factor. Recently, several researchers have reported the high performance of skutterudite-based thermoelectric devices obtained by optimizing the crystal structure and microstructure of skutterudite materials and developing metallization layers for device fabrication. Despite extensive research efforts toward maximizing the power density and thermoelectric conversion efficiency of skutterudite-based devices, the thermoelectric properties of such devices after fabrication remain largely unknown. Here, we systematically investigated the factors that affect the thermoelectric properties of skutterudite-based devices within the range of practical operating temperatures (23–450 °C). We successfully prepared a two-couple skutterudite-based device with titanium metallization layers on both sides of the thermoelectric legs and characterized it using scanning and transmission electron microscopy and specific contact resistance measurements. Impedance spectroscopy measurements of the two-couple skutterudite-based device revealed the figure of merit of the device and enabled the extraction of three key thermoelectric parameters (Seebeck coefficient, thermal conductivity, and electrical conductivity). The impedance spectra and extracted parameters depended strongly on the measurement temperature and were mainly attributable to the thermoelectric properties of skutterudite materials. These observations demonstrate the interplay between the properties of thermoelectric materials and devices and can aid in directing future research on thermoelectric device fabrication

A Cross-State Comparison of Measures of Subjective Well-Being A Cross-State Comparison of Measures of Subjective Well-Being

ABSTRACT A Cross-State Comparison of Measures of Subjective Well-Being * Using data drawn from the 2010 American Time Use Survey Well-Being Module, this study examines the relationship between three measures of subjective well-being based on timeuse data and an objective measure of well-being. Whereas the measures of affect -net affect and the U-index -are uncorrelated with the objective quality-of-life ranking of the fifty states in the United States, the measure of meaningfulness shows a significant correlation with objective ranking. The reason for the significant correlation between the measure of meaningfulness and the objective measure of well-being is because, when engaged in similar activities, people living in states with better quality of life felt, after controlling for their individual characteristics, their lives to be more meaningful than those living in states with poor amenities, not because time use varies substantially by state. JEL Classification: I31, J2

Rotation Group Bias In Current Smoking Prevalence Estimates Using TUS-CPS

This paper examined whether the sample rotation scheme of the Current Population Survey (CPS) results in an underestimation of current smoking prevalence in the Tobacco Use Supplement to the Current Population Survey (TUS-CPS). The TUS-CPS has been administered as part of the CPS, which has eight rotation groups of households in each month that are repeatedly interviewed based on a sample rotation scheme. Previous research has found that even though all eight rotation groups in the CPS are independent random samples of the population, some estimates, such as unemployment rates, tend to be significantly higher in the first rotation group than among other rotation groups. The probit regression results of this paper showed that although current smokers are more likely to attrite than nonsmokers in all years of the TUS-CPS, for the six waves of TUS-CPS before 2003 there is no evidence that current smoking prevalence estimates were significantly affected by the rotation scheme of the CPS. For the three waves of TUS-CPS since 2003, however, the results showed that current smoking prevalence has been underestimated likely due to panel attrition. It appears that rotation group bias in these waves was caused by the substantially increased number of additional questions smokers had to answer