Technology and Welfare - Investigating the relationship between the ownership of technology-based assets and subjective measures of well-being

This paper estimates the effects of the ownership of technological assets on self-reported measures of wellbeing, both subjective and objective. The estimation procedure employed is based on a dynamic panel approach, one that is capable of controlling for individual effects, as well as potential sources of endogeneity such as reverse causality. The results indicate that there is a statistically significant relationship between changes in the composition and value of one’s technological asset portfolio and measures of social and economic wellbeing.

D60, D63, O10, O11

asset ownership, welfare, dynamic effects