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groupsare most detrimental to life satisfaction? The analysis is based on data from the 2008 and 2009 pretest modules of the …. The consequences of such comparisons for life satisfaction prove to be negative: the more importance an individual … attaches to income comparisons with reference groups, the lower his or her life satisfaction. Income relative to neighbors and …
Persistent link: https://www.econbiz.de/10008826564
concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i …-being depending more on relative satisfaction than on absolute levels of income. This finding holds even after controlling for other …
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investments. Thesesocial investment decisions date back to early adulthood and bear a high risk of failure during midlife …
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empirical test of this assumption. Our matching-based estimation reveals satisfaction trajectories of women who experience the …-reported satisfaction measures from a long-running German panel survey, the Socio-Economic Panel Study (SOEP), the present study conducts an … death of their spouse and identifies the causal effect of widowhood. The average level of satisfaction in a control group of …
Persistent link: https://www.econbiz.de/10008826563
This paper investigates the link between the optimal level of non-financial firms' leverage and macroeconomic uncertainty. We develop a structural model of a firm's value maximization problem that predicts that as macroeconomic uncertainty increases the firm will decrease its optimal level of...
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