Estimating proportion of noise traders and asset prices

Faiza Hassan (), Hafsa Hina and Abdul Qayyum (Late)
Additional contact information
Faiza Hassan: University of Malakand, Pakistan Institute of Development Economics-Pakistan
Hafsa Hina: Pakistan Institute of Development Economics
Abdul Qayyum (Late): Pakistan Institute of Development Economics

Business Review, 2020, vol. 15, issue 2, 1-26

Abstract: The current micro-level study explores the impact of education on life satisfaction of individuals in Pakistan via six mediating factors that are health, employment status, marital status, number of children, the scale of income and freedom of choice. The differences based on gender, marital status and the scale of income are also analyzed by using data from Wave 6 (2010-2014) of the World Values Survey. The marginal mediation technique by Barrett (2018) is used. It is observed that education plays a significant role in affecting life satisfaction. The channels of health, freedom and scale of income are found significant in the analysis of the full sample. Different paths are found operative for opposite genders. Comparison based on the scale of income shows that more channels are found effective for the middle class as compared to rich and poor.

Keywords: Education.; Life; satisfaction.; Marginal; mediation; technique (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ir.iba.edu.pk/cgi/viewcontent.cgi?article=1058&context=businessreview (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aho:journl:v:15:y:2020:i:2:p:1-26

Access Statistics for this article

Business Review is currently edited by sshabbar

More articles in Business Review from School of Economics and Social Sciences, IBA Karachi Contact information at EDIRC.
Bibliographic data for series maintained by sshabbar ().