of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income … comparisons in determining happiness. …

abnormally low levels of life satisfaction. Using data from the World Values Survey and other sources, we study various … explanations of this phenomenon. First, we document that the disparity in life satisfaction between residents of transition and non … the aged population explain a great deal of the difference in life satisfaction between transition countries and other …

-time. We analyze the relationship between part-time work and life satisfaction, and between job satisfaction and preferred … working hours using panel data on life and job satisfaction for a sample of partnered women and men. We also utilize time … hypothesis in this context. Our main results indicate that partnered women in part-time work have high levels of job satisfaction …

satisfaction; job satisfaction; and life satisfaction. We account for interdependence within the family using data on partnered men … and women from the British Household Panel Survey. We find that men have the highest hours-of-work satisfaction if they … work full-time without overtime hours but neither their job satisfaction nor their life satisfaction are affected by how …

institutional measures. We establish the double causality between institutional strength and a more equal distribution of income and …

In this paper we estimate a New-Keynesian DSGE model with heterogeneity in price and wage setting behavior. In a recent …) framework by incorporating heterogeneity in nominal wage setting behavior among households. We solve this DSGE model and … heterogeneity in wage rigidity, such as the persistence in price and the wage inflation, which a standard New Keynesian model with …

typical estimations. In this paper, we show how heterogeneity in pricing behaviour is relevant to both questions. We detail … aggregate or microeconomic data, can be fully attributable to a heterogeneity bias. …