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Winning big but feeling no better? The effect of lottery prizes on physical and mental health

Apouey, Bénédicte H.; Clark, Andrew E. - HAL - 2014

We use British panel data to determine the exogenous impact of income on a number of individual health outcomes … allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely … exogenous. Positive income shocks have no significant effect on self-assessed overall health, but a significant positive effect …

Persistent link: https://www.econbiz.de/10010738772

Poverty and Well-Being: Panel Evidence from Germany

Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - HAL - 2013

We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 42,500 individuals living in Germany from 1992 to 2010 to uncover four empirical relationships. First, life satisfaction falls with both the incidence and intensity...

Persistent link: https://www.econbiz.de/10010739011

Adaptation to Poverty in Long-Run Panel Data

Clark, Andrew E.; D'ambrosio, Conchita; Ghislandi, Simone - HAL - 2014

We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life satisfaction falls with both the incidence and intensity of...

Persistent link: https://www.econbiz.de/10010739092