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Using a South African data set, the paper poses six questions about the determinants of subjective well-being. Much of the paper is concerned with the role of relative concepts. We find that comparator income – measured as average income of others in the local residential cluster - enters the...
Persistent link: https://www.econbiz.de/10005118826
The Easterlin Paradox refers to the fact that happiness data are typically stationary in spite of considerable increases in income. This amounts to a rejection of the hypothesis that current income is the only argument in the utility function. One possible answer is that human development...
Persistent link: https://www.econbiz.de/10005561269
We state the following hypotheses: 1) Happiness depends on social rank – a term from primatology meaning the place in group hierarchy which determines mating chances, number of offspring and food share; this dependence explains the correlation between relative income and subjective well-being...
Persistent link: https://www.econbiz.de/10005561823
This paper is the first of its kind to study utility interdependence in marriage using information on subjective well …
Persistent link: https://www.econbiz.de/10005076542
This paper empirically examines the life-time joint decision problem of marriage, childbearing, and labor force … generally insignificant. Utility gains and losses from marriage are significantly negative if one leaves out financial … of marriage and two children as a typical family unit is negative for women in the labor force. …
Persistent link: https://www.econbiz.de/10005125788
A long-term relationship such as marriage will not operate efficiently without sanctions for misconduct, of which …
Persistent link: https://www.econbiz.de/10005126038
recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … societal, economic, and technological changes in their effects on marriage patterns. A combination of factors is argued to …
Persistent link: https://www.econbiz.de/10005408289
This paper explores the connection between unemployment and subjective well-being in Finland by using cross-sections for the years 1990, 1996 and 2000 from World Values Surveys. An unprecedented increase in the national unemployment rate (from 3 to 17 per cent) did not produce a drop in the mean...
Persistent link: https://www.econbiz.de/10005556758
This paper proposes a new test to distinguish between the two leading theories of discrimination: preference versus information. Discrimination based on preferences occurs when people behave as if they refuse to change their stereotypes about the capabilities of discriminated individuals. Those...
Persistent link: https://www.econbiz.de/10005076553
Are certain groups of unemployed individuals hurt less by unemployment than others? This paper is an attempt to test the hypothesis that non- pecuniary costs of unemployment may vary between societies with different unemployment rates. Using cross-sectional data from the SALDRU93 survey, we show...
Persistent link: https://www.econbiz.de/10005125760