Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10002424390
High rates of understatement are found for many government transfer programs and in many datasets. This understatement has major implications for our understanding of economic well-being and the effects of transfer programs. We provide estimates of the extent of under-reporting for ten transfer...
Persistent link: https://www.econbiz.de/10012463468
Departures from self-centred, consumption-oriented decision making are increasingly common in economic theory and are well motivated by a wide range of behavioural data from experiments, surveys, and econometric inference. A number of studies have shown large negative externalities in individual...
Persistent link: https://www.econbiz.de/10012464056
We test for whether, once "basic needs" are satisfied, there is happiness adaptation to further gains in income using … greater happiness. The reason appears to be adaptation. However even for the rich half of European nations such habituation … may take over 5 years so the happiness gains that they experience, whilst not permanent, can still be relatively long …
Persistent link: https://www.econbiz.de/10012464111
What impact does inequality have on metropolitan areas? Crime rates are higher in places with more inequality, and people in unequal cities are more likely to say that they are unhappy. There is also a negative association between local inequality and the growth of both income and population,...
Persistent link: https://www.econbiz.de/10012464228
this paper I review cross-country evidence on happiness and life satisfaction and consider whether these data will likely … be replaced by the U-index. I find that first, that there are many similarities. According to both measures happiness is … large body of data on happiness that is unavailable on the U-index. For example, according to happiness research well …
Persistent link: https://www.econbiz.de/10012464330
This paper examines the evolution of economic inequality in Sweden before, during and after the major macro-economic recession in the early 1990s. Earnings and income inequality increased after the downturn, but government safety net programs buttressed disposable income for those with low...
Persistent link: https://www.econbiz.de/10012464632
of adults from 132 countries. I analyze the data on life satisfaction (happiness) and on health satisfaction and look at … their relationships with national income, age, and life-expectancy. Average happiness is strongly related to per capita … inconsistent relationship with happiness. National income moderates the effects of aging on self-reported health, and the decline …
Persistent link: https://www.econbiz.de/10012465333
We study "habituation" to income and to status using individual panel data on the happiness of 7,812 people living in … Germany from 1984 to 2000. Specifically, we estimate a "happiness equation" defined over several lags of income and status and … standard deviation in income are associated with similar increases in happiness. In the long-run (five year average) a one …
Persistent link: https://www.econbiz.de/10012465494
of happiness. Using data from the Consumer Expenditure Survey (CEX), we examine whether households who contribute to a … services are able to insure their stream of happiness against income shocks and find strong happiness insurance effects for …
Persistent link: https://www.econbiz.de/10012467102