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The causes of people's political attitudes are largely unknown. We study this issue by exploiting longitudinal data on lottery winners. Comparing people before and after a lottery windfall, we show that winners tend to switch towards support for a right-wing political party and to become less...
Persistent link: https://www.econbiz.de/10010333286
The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person's well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …
Persistent link: https://www.econbiz.de/10010290771
The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person's well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …
Persistent link: https://www.econbiz.de/10010291399
measured improvement in mental wellbeing is 1.4 GHQ points. -- psychological health ; happiness ; GHQ ; income …
Persistent link: https://www.econbiz.de/10003355562
Persistent link: https://www.econbiz.de/10003355999
This paper concerns the problem of inferring the effects of covariates on intergenerational income mobility, i.e. on … of mobility- (i) traditional transition probability of movement across income quantiles over generations and (ii) a new …
Persistent link: https://www.econbiz.de/10003608250
Persistent link: https://www.econbiz.de/10003522018
Persistent link: https://www.econbiz.de/10009155976
A large literature in macroeconomics assumes a social objective function, W(p, U), where inflation, p, and unemployment, U, are bads. This paper provides some of the first formal evidence for such an approach. It uses data on the reported well-being levels of approximately one quarter of a...
Persistent link: https://www.econbiz.de/10010514295
Persistent link: https://www.econbiz.de/10009747333