STORRE

The preponderance of subjective well-being analysis investigates the peripheral impact of objective measures such as income. By shifting the focus towards family satisfaction, this paper offers an alternative perspective. Through the incorporation of both employment and home characteristics, it provides an opportunity to integrate the analysis of work–life balance with the expansive wider literature of job satisfaction. Our estimates generate two key findings. First, as is frequently found in...

Purpose – This paper aims to investigate the effect of UK building society demutualisation on levels of efficiency at the largest five commercial banks in the UK. Design/methodology/approach – This research utilises data envelopment analysis (DEA) within a rarely adopted windows framework to analyse efficiency. The study also incorporates a novel risk proxy in the profit-orientated approach to determine DEA input/output which proves a useful innovation to the methodology. Findings – The overa...

The paper investigates the notion that homeownership affects poverty perception. This is investigated by utilising a logit model to analyse various characteristics of homeowners in 11 different European nations. Overall, the analysis fails to reject the notion that homeowners throughout Europe are less likely to perceive themselves as living in poverty, but no evidence is found that homeownership is more valued in nations with high owner-occupancy rates. However, support is found for the noti...

Although expenditure on wages represents a major element of costs in financial services firms, there is a dearth of studies analysing wage levels in the sector. This paper examines reservation wage levels in the sector by utilising maximum likelihood selection and stochastic frontier methodologies in two leading European economies: UK and Germany. Our results show that wage achievement is higher in the UK than Germany. At first glance, this seems counter-intuitive, given that actual wage cost...