Research Group Economic and Social Well-being

Some of our current research

Our research is both theoretical and applied, and addresses many major social issues. We often take a life-cycle approach, using panel and birth-cohort data to link early-life events to later-life outcomes. Our research is also interdisciplinary, mixing Economics, Psychology and the Life Sciences. We aim to provide a better understanding of individual and societal well-being, and suggest policies.

Individual and societal well-being

Our Covid-19 research includes running 10 waves of a six-country panel (COME-HERE). Our empirical analysis has covered poverty, inequality, working from home, vaccination behaviours, and subjective well-being.
This ongoing survey will track individuals’ transitions to the new normal.

Societies are believed to have become more insecure. We develop indices of economic insecurity based on past income movements, and also infer it from changes in worker protection on the labour market. Economic insecurity is then used to predict future health and subjective well-being, and fertility, marriage and savings. Related research considers individual resilience to economic shocks.

We carry out interdisciplinary work on ageing, considering the most-accurate age biomarker of the epigenetic clock based on DNA methylation. We relate epigenetic ageing to socioeconomic status and life events, both of individual and his/her mother. Epigenetic ageing can potentially be reversed by appropriate interventions.

We apply machine-learning techniques, to see whether traditional estimation techniques (such as OLS) have omitted central predictors of subjective well-being. Our current results suggests that machine learning produces a small improvement in predictive power, but identifies the same key predictors of well-being as standard estimation techniques.

Research projects

Some of our projects

Research in our research group covers the following topics and areas:

  • Inequality, poverty, social exclusion;
  • Economic insecurity;
  • Individual well-being;
  • Resilience;
  • Epigenetic Ageing and development;
  • Covid-19;
  • Health.

  • Start date

    01/09/2020

  • Duration in months

    36

  • Funding

    FNR

  • Project Team

    Conchita D’Ambrosio

  • Partners

    Jonathan Turner (Luxembourg Institute of Health); Andrew Clark (Paris School of Economics); Simone Ghislandi (Bocconi University); Martin Diewald (Bielefeld University)

  • Abstract

    We propose an interdisciplinary approach to consider the effects of socio-economic factors and life events on ageing, where economics, sociology and health psychology meet biology and epigenetics. We focus on the most accurate age biomarker, the epigenetic clock, based on a key concept in epigenetics, DNA methylation, and how
    this methylation changes with age. We relate epigenetic ageing to socioeconomic status and life events of both the individual and his/her mother. Epigenetic ageing is reversible, and can potentially be reversed by appropriate antiageing interventions.

  • Start date

    01/04/2020

  • Duration in months

    48

  • Funding

    UL Funding

  • Project Team

    Conchita D’Ambrosio; Alexandre Tkatchenko

  • Abstract

    We propose to bring together machine learning approaches, physics-inspired descriptors, and the economics of wellbeing to address questions broadly related to predicting life satisfaction and health of individuals in a data-driven manner. In the context of improving individuals’ life, one is often faced with the question of ordering individual/societal parameters (i.e. health and wealth) in terms of their importance. Up to now, state-of-the-art approaches relied on linear regression with very low Pearson correlation coefficients (R^2=0.2-0.3). The main goal of this project is to apply modern nonlinear machine-learning techniques to data on individual and social wellbeing with the aim to: (1) understand the structure of the data and signal/noise ratio of many existing datasets, (2) go significantly beyond linear regression with kernel-based methods and neural networks to search for multi-property correlations, (3) assess different descriptors of individuals and metric definitions in ‘individual spaces’. To our knowledge, such fundamental ‘first-principles’ approaches to data analysis and nonlinear regression are only now starting to be applied to data on individual and social wellbeing, hence our project is timely and of potentially substantial impact.

  • Start date

    01/04/2020

  • Duration in months

    60

  • Funding

    University of Luxembourg; FNR; André Losch Fondation; Art2Cure; Cargolux; CINVEN Foundation and COVID-19 Foundation, under the aegis of the Fondation de Luxembourg.

  • Project Team

    Conchita D’Ambrosio; Claus Vögele; Anna E. Kornadt; Anthony Lepinteur

  • Partners

    Giorgia Menta (LISER); Andrew Clark (Paris School of Economics);

  • Abstract

    The COVID-19 pandemic has changed our world. The experiences we have had since the onset of the pandemic have affected us in many ways. The pandemic killed, but has also had a profound impact on the organization of employment and work, our behaviour, social dynamics and mental health. These effects have not been equal, being felt by some groups and societies much more than others.
    We are currently conducting a number of research projects on various aspects of the coronavirus pandemic and individuals’ transitions to the new normal.