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Author: James Banks

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CEP occasional paper
Money, well-being and loss aversion: does an income loss have a greater effect on well-being than an equivalent income gain?

Higher income is associated with greater well-being, but do income gains and losses impact on well-being differently? Loss aversion, whereby losses loom larger than gains, is typically examined with relation to decisions...Read more...

Christopher J. Boyce, Alex M. Wood, James Banks, Andrew E. Clark and Gordon D.A. Brown

9 January 2014

CEP discussion paper
The Internationalisation of Public Welfare Policy

With increasing globalisation of knowledge, there are increased opportunities to 'learn' from the experience of policy interventions elsewhere. This paper presents evidence on the extent of international convergence in p...Read more...

James Banks, Richard Disney, Alan Duncan and John Van Reenen

November 2004