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Societal progress is characterized primarily as an improvement in the distribution of wellbeing; however, a small set of additional variables are also necessary. Social indicators based on objective measures are inherently limited by the subjective assessments necessary of "experts" to select...
Persistent link: https://www.econbiz.de/10013457675
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show...
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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
consists of the characteristics of the individuals belonging to his reference group. The vast literature about happiness … reference groups in SWB-models. In this paper we employ the reference-extended model for incorporating in happiness studies the … concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up …
Persistent link: https://www.econbiz.de/10011379637
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...
Persistent link: https://www.econbiz.de/10009269257
women as evidenced by their average values for happiness, tiredness, and stress, their predicted values for the same three …
Persistent link: https://www.econbiz.de/10009783670
The relationship between happiness and work is subject to an ever growing empirical literature in economics. The … investigates the effect of job loss and becoming unemployed, another field of study focuses on the determinants of job satisfaction … evolving around employment conditions, self-employment, and potential public sector satisfaction premiums. A smaller part of …
Persistent link: https://www.econbiz.de/10010403446