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Income Comparisons, Income Adaptation, and Life Satisfaction: How Robust Are Estimates from Survey Data?
Pfaff, Tobias - Forschungsbasierte Infrastruktureinrichtung … - 2013
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly sensitive to simple parameter changes. Using large-scale...
Persistent link: https://www.econbiz.de/10010659950
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Testing the Easterlin Hypothesis with Panel Data: The Dynamic Relationship between Life Satisfaction and Economic Growth in Germany and the UK
Pfaff, Tobias; Hirata, Johannes - Forschungsbasierte Infrastruktureinrichtung … - 2013
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross-section but not over time) on a global level. We make a case for testing the Easterlin hypothesis at the country level where individual panel data allow exploiting important...
Persistent link: https://www.econbiz.de/10010787007
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Does Unemployment Hurt Less if There Is More of It Around?: A Panel Analysis of Life Satisfaction in Germany and Switzerland
Oesch, Daniel; Lipps, Oliver - Forschungsbasierte Infrastruktureinrichtung … - 2011
This paper examines the existence of a habituation effect to unemployment: Do the unemployed suffer less from job loss … if unemployment is more widespread, if their own unemployment lasts longer and if unemployment is a recurrent experience …? The underlying idea is that unemployment hysteresis may operate through a sociological channel: if many people in the …
Persistent link: https://www.econbiz.de/10009220611
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Well-Being in Germany: What Explains the Regional Variation?
Vatter, Johannes - Forschungsbasierte Infrastruktureinrichtung … - 2012
unemployment and income differ in size between regions such that one can assume increasing marginal disutility of unemployment. The …
Persistent link: https://www.econbiz.de/10010896237