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Income and happiness: Evidence, explanations and economic implications

Clark, Andrew E.; Frijters, Paul; Shields, Michael A. - HAL - 2006

There is now a great deal of micro-econometric evidence, both cross-section and panel, showing that income is … measures of utility, and resolve the Easterlin paradox by appealing to income comparisons: these can be to others (social …

Persistent link: https://www.econbiz.de/10010738736

Will GDP growth increase happiness in developing countries?

Clark, Andrew E.; Senik, Claudia - HAL - 2010

This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of … available international evidence pertaining to the relationship between income growth and subjective well-being. Conforming to … the Easterlin paradox, higher income always correlates with higher happiness, except in one case: whether national income …

Persistent link: https://www.econbiz.de/10010738855

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

Happiness, habits and high rank: Comparisons in economic and social life

Clark, Andrew E. - HAL - 2008

The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...

Persistent link: https://www.econbiz.de/10010739114