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The effect of material prosperity on happiness: Evidence from Europe
Rečková, Dominika ; Pertold-Gebicka, Barbara (advisor) ; Bauer, Michal (referee)
Easterlin paradox referring to relatively stable levels of happiness and increasing in come over time, although these two seem to be correlated at one point in time has became a hot topic among economist researches in recent decades. The thesis ex tends the usual income analysis to reveal the nature of correlations between material prosperity and happiness. Series of 15 OLS, ordered probit and ordered logit models together with 35 quantile regressions provide a complex analysis of possible happi ness drivers. Results find significant correlations between material prosperity and happiness, and between happiness and social life. The relationship between income and happiness might be non-linear and influenced by various factors. Happiness is found to be dependent on relative income and socio-politic living environment which explains the Easterlin paradox. JEL codes D6, 124, 131 , J31 K ey words Happiness, Well-being, Life satisfaction, Public pol icy, Material prosperity, Reference point, Inequality
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Publication Bias in Measuring Anthropogenic Climate Change
Rečková, Dominika ; Havránek, Tomáš (advisor) ; Zeynalov, Ayaz (referee)
People around the world are interested in climate changes. Especially the impact of human being on climate changes plays an important role in the policy discussion about environment. One of the measures of anthropogenic climate change is climate sensitivity. The main aim of this thesis is to apply meta-analysis methodology on relationship between human activity and climate change. Until now, tens to hundreds of studies have been written on this topic, but only few report the estimate of climate sensitivity. Despite majority of the studies refer to recognizable influence of human activity on the climate change, the results of individual studies do not correspond in absolute values perfectly. Until now only one meta-analysis concerns publication bias in literature covering climate change, it uses vote- counting and detects publication selectivity efforts. But no meta-regression analysis was published on this topic yet. The thesis investigates if the results of studies reporting climate sensitivity are influenced with the effort to publish only positive and significant estimates. It applies effective statistic instrument, meta- regression analysis, that allows systematic evaluation of an inconsistent sample of estimates. This method was applied on the data set consisting of 48 estimates coming from 16 studies....
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