IDEAS home Printed from https://ideas.repec.org/p/mts/wpaper/200504.html
   My bibliography  Save this paper

Determinants of Self-Reported Financial Security for Oklahoma County Households – An Application of Multiple Imputation

Author

Listed:
  • David A. Penn

Abstract

Economists are giving more attention to the issue of subjective well-being. A recent study of households in West Virginia treats subjective well-being in a quality of life context (Bukenya 2003) in rural areas. Wolfers (2003) examines business cycle volatility and subjective well-being, while McBride (2001) models relative-income effects on subjective well-being. A recent study (Praag 2002) considers financial situation as a domain of well-being, along with health, employment, leisure, housing, and environment. This study examines the factors that determine financial well-being for households in Oklahoma County, Oklahoma. The study is motivated by the availability of extensive household-level data for a six year period for Oklahoma County.

Suggested Citation

  • David A. Penn, 2005. "Determinants of Self-Reported Financial Security for Oklahoma County Households – An Application of Multiple Imputation," Working Papers 200504, Middle Tennessee State University, Department of Economics and Finance.
    • Handle: RePEc:mts:wpaper:200504
    as

    Download full text from publisher

    File URL: http://capone.mtsu.edu/berc/working/Aprilobb.2005.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hollander, Heinz, 2001. "On the validity of utility statements: standard theory versus Duesenberry's," Journal of Economic Behavior & Organization, Elsevier, vol. 45(3), pages 227-249, July.
    2. Justin Wolfers, 2003. "Is Business Cycle Volatility Costly? Evidence from Surveys of Subjective Well‐Being," International Finance, Wiley Blackwell, vol. 6(1), pages 1-26, March.
    3. van Praag, B. M. S. & Frijters, P. & Ferrer-i-Carbonell, A., 2003. "The anatomy of subjective well-being," Journal of Economic Behavior & Organization, Elsevier, vol. 51(1), pages 29-49, May.
    4. James O. Bukenya & Tesfa G. Gebremedhin & Peter V. Schaeffer, 2003. "Analysis of Quality of Life and Rural Development: Evidence from West Virginia Data," Growth and Change, Wiley Blackwell, vol. 34(2), pages 202-218, June.
    5. Adam Davey & Michael J. Shanahan & Joseph L. Schafer, 2001. "Correcting for Selective Nonresponse in the National Longitudinal Survey of Youth Using Multiple Imputation," Journal of Human Resources, University of Wisconsin Press, vol. 36(3), pages 500-519.
    6. McBride, Michael, 2001. "Relative-income effects on subjective well-being in the cross-section," Journal of Economic Behavior & Organization, Elsevier, vol. 45(3), pages 251-278, July.
    7. Easterlin, Richard A., 2001. "Subjective well-being and economic analysis: a brief introduction," Journal of Economic Behavior & Organization, Elsevier, vol. 45(3), pages 225-226, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. David A. Penn, 2005. "Financial Well-Being in an Urban Setting: An Application of Multiple Imputation," Working Papers 200506, Middle Tennessee State University, Department of Economics and Finance.
    2. Alpaslan Akay & Olivier Bargain & Klaus F. Zimmermann, 2017. "Home Sweet Home?: Macroeconomic Conditions in Home Countries and the Well-Being of Migrants," Journal of Human Resources, University of Wisconsin Press, vol. 52(2), pages 351-373.
    3. van Praag, B. M. S. & Frijters, P. & Ferrer-i-Carbonell, A., 2003. "The anatomy of subjective well-being," Journal of Economic Behavior & Organization, Elsevier, vol. 51(1), pages 29-49, May.
    4. David G. Blanchflower & Andrew J. Oswald, 2004. "Money, Sex and Happiness: An Empirical Study," Scandinavian Journal of Economics, Wiley Blackwell, vol. 106(3), pages 393-415, October.
    5. Ferrer-i-Carbonell, Ada, 2005. "Income and well-being: an empirical analysis of the comparison income effect," Journal of Public Economics, Elsevier, vol. 89(5-6), pages 997-1019, June.
    6. Rojas, Mariano, 2009. "Economía de la felicidad. Hallazgos relevantes respecto al ingreso y el bienestar," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(303), pages 537-573, julio-sep.
    7. Maryam Dilmaghani, 2022. "Revisiting the gender job satisfaction paradox: The roots seem to run deep," British Journal of Industrial Relations, London School of Economics, vol. 60(2), pages 278-323, June.
    8. Mariano Rojas, 2004. "Well-being and the Complexity of Poverty: A Subjective Well-being Approach," WIDER Working Paper Series RP2004-29, World Institute for Development Economic Research (UNU-WIDER).
    9. Simona Šarotar Žižek & Matjaž Mulej & Sonja Treven, 2010. "Requisite Holism Of Individuals As A Precondition For The Humankind’S Way Out From The 2008- Crisis," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 57, pages 399-419, november.
    10. Nattavudh Powdthavee, 2005. "Unhappiness and Crime: Evidence from South Africa," Economica, London School of Economics and Political Science, vol. 72(287), pages 531-547, August.
    11. Drakopoulos, Stavros A., 2008. "The Concept Of Comparison Income: An Historical Perspective," MPRA Paper 8713, University Library of Munich, Germany.
    12. Blanchflower, David G. & Oswald, Andrew J., 2004. "Well-being over time in Britain and the USA," Journal of Public Economics, Elsevier, vol. 88(7-8), pages 1359-1386, July.
    13. Kulic, Nevena, 2013. "The type and duration of family unions and income sharing: The implications for women's economic well-being," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 44(C), pages 7-15.
    14. Maite Blázquez Cuesta & Elena Cottini & Herrarte, A. (Ainhoa), 2012. "GINI DP 39: Socioeconomic Gradient in Health: How Important is Material Deprivation?," GINI Discussion Papers 39, AIAS, Amsterdam Institute for Advanced Labour Studies.
    15. Bonsang, E. & Klein, T.J., 2012. "Retirement and subjective well-being," Other publications TiSEM f7d1a3d3-eb51-42d0-a3da-0, Tilburg University, School of Economics and Management.
    16. Stutzer, Alois, 2004. "The role of income aspirations in individual happiness," Journal of Economic Behavior & Organization, Elsevier, vol. 54(1), pages 89-109, May.
    17. Andrew E. Clark & Claudia Senik, 2010. "Will GDP growth increase happiness in developing countries?," PSE Working Papers halshs-00564985, HAL.
    18. Senakpon F. A. Dedehouanou & Johan Swinnen & Miet Maertens, 2013. "Does Contracting Make Farmers Happy? Evidence from Senegal," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 59, pages 138-160, October.
    19. Bookwalter, Jeffrey & Fitch-Fleischmann, Benjamin & Dalenberg, Douglas, 2011. "Understanding life-satisfaction changes in post-apartheid South Africa," MPRA Paper 34579, University Library of Munich, Germany.
    20. repec:lan:wpaper:1021 is not listed on IDEAS
    21. Nestor Gandelman & Ruben Hernandez-Murillo, 2009. "The impact of inflation and unemployment on subjective personal and country evaluations," Review, Federal Reserve Bank of St. Louis, vol. 91(May), pages 107-126.

    More about this item

    Keywords

    Missing Data; Oklahoma; Multiple Imputation;
    All these keywords.

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mts:wpaper:200504. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Benjamin Jansen (email available below). General contact details of provider: https://edirc.repec.org/data/efmtsus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.