This paper studies how individuals, particularly low-income individuals, have financed housing purchases since the housing market was privatized in urban China in the 1990s. To the surprise of many policy makers and economists, more than 80% of the households in urban China owned private housing...

In this paper we estimate the size of weekend effects for seven emotions and then explore their main determinants for the working population in the United States, using the Gallup/Healthways US Daily Poll 2008-2012. We first find that weekend effects exist for all emotions, and that these...

This paper first uses data from three large international surveys – the Gallup World Poll, the World Values Survey and the European Social Survey – to estimate income-equivalent values for social trust, with a likely lower bound equivalent to a doubling of household income. Second, the more...

Empirical research on the determinants of subjective well-being increased rapidly in recent decades. Among many determinants, employment is one of the most important (Clark and Oswald 1994; Winkelmann and Winkelmann 1998). Many find that working is significantly associated with subjective well-being...

This paper first reviews existing studies of the links between good governance and subjective well-being. It then brings together the largest available sets of national-level measures of the quality of governance to assess the extent to which they contribute to explaining the levels and changes...

This paper surveys evidence documenting positive linkages among social capital, prosocial behaviour, and subjective well-being. Whether in the workplace, at home, in the community, or among nations, better and deeper social connections, and especially higher levels of trust are linked to higher...

This paper presents new evidence linking trust and subjective well-being, based primarily on data from the Gallup World Poll and cycle 17 of the Canadian General Social Survey (GSS17). Because several of the general explanations for subjective well-being examined here show large and significant...

Social capital can facilitate community governance, but not all social capital is alike. We distinguish bonding social capital (within a village) from bridging social capital (between villages), and we compare their effects on the management of a common pool resource. We develop a theoretical...

This paper estimates the global prevalence of social trust and generosity among immigrants. We combine individual and national level data from immigrants and native-born respondents in more than 130 countries, using seven waves of the Gallup World Poll (2005–2012). We find that migrants tend...

This paper investigates the unemployment effects of the Russian minimum-wage policy. The results suggest that higher minimum wages slightly increase unemployment rates among young workers but do not affect the older workforce. The textbook theory of producer is employed to rationalize the...