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concentrations of ethnic minority populations. We also explore one consequence of coresidency, reported happiness. We find that … of happiness, we find again that socioeconomic and demographic conditions matter, as does ethnicity. Controlling all else …, coresidency increases the happiness of the elderly by about 28 percent. Moreover, the unobserved characteristics that drive …
Persistent link: https://www.econbiz.de/10010358242
U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income inequality measured at the state or national level is associated with diminished subjective well-being (SWB) in the U.S. We conduct the first multi-scale analysis (i.e., at the...
Persistent link: https://www.econbiz.de/10011526744
We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income hypothesis (RIH) and altruism). The relationship is...
Persistent link: https://www.econbiz.de/10011476321
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012391355
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012372750
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
the World Happiness Index and are more comparable to those obtained with the Human Development Index. The state level …
Persistent link: https://www.econbiz.de/10013471233
Persistent link: https://www.econbiz.de/10013532221
Persistent link: https://www.econbiz.de/10013326336
findings in happiness regressions, such as a negative but u-shaped age effect, positive influences of education and relative …
Persistent link: https://www.econbiz.de/10010494190