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Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth are experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...
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happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and … indirect effects that carry the influence from happiness to income. Significant mediating pathways include a higher probability …
Persistent link: https://www.econbiz.de/10009675122
happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and … indirect effects that carry the influence from happiness to income. Significant mediating pathways include a higher probability …
Persistent link: https://www.econbiz.de/10009683363
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economics. We provide the first evidence of a powerful connection between happiness and risk-avoidance. Using data on 300 …. Independent longitudinal data corroborate the finding, showing that happiness is predictive of future motor vehicle accidents. Our … preferences ; seatbelt usage ; vehicle accidents ; subjective well-being ; happiness …
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