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Life Satisfaction and Grandparenthood: Evidence from a Nationwide Survey

Powdthavee, Nattavudh - Institute for the Study of Labor (IZA) - 2011

This paper tests whether there is a potential payoff to grandparenthood in terms of life satisfaction. Using the new nationwide survey for the UK, which consists of over 5,000 grandparents and 6,000 non-grandparents aged 40 and above, and a flexible multiple-index ordered probit model with...

Persistent link: https://www.econbiz.de/10009216296

Subjective and Objective Indicators of Racial Progress

Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2013

Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well-being...

Persistent link: https://www.econbiz.de/10010636771

Death, Happiness, and the Calculation of Compensatory Damages

Oswald, Andrew J.; Powdthavee, Nattavudh - Institute for the Study of Labor (IZA) - 2007

paper explores how happiness regression equations might be used in tort cases to calculate compensatory damages for …

Persistent link: https://www.econbiz.de/10005703307

Does Happiness Adapt? A Longitudinal Study of Disability with Implications for Economists and Judges

Oswald, Andrew J.; Powdthavee, Nattavudh - Institute for the Study of Labor (IZA) - 2006

Economics ignores the possibility of hedonic adaptation (the idea that people bounce back from utility shocks). This paper argues that economists are wrong to do so. It provides longitudinal evidence that individuals who become disabled go on to exhibit recovery in mental wellbeing. Adaptation...

Persistent link: https://www.econbiz.de/10005703631

Happiness Inequality in the United States

Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2008

This paper examines how the level and dispersion of self-reported happiness has evolved over the period 1972 …-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s …. There have been large changes in the level of happiness across groups: Two-thirds of the black-white happiness gap has been …

Persistent link: https://www.econbiz.de/10005822578

Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox

Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2008

of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income … comparisons in determining happiness. …

Persistent link: https://www.econbiz.de/10005763523

The Paradox of Declining Female Happiness

Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2009

that measures of subjective well-being indicate that women’s happiness has declined both absolutely and relative to men …-being, and is pervasive across demographic groups and industrialized countries. Relative declines in female happiness have eroded … a gender gap in happiness in which women in the 1970s typically reported higher subjective well-being than did men …

Persistent link: https://www.econbiz.de/10005103281

Are Happier People Less Judgmental of Other People's Selfish Behaviors? Laboratory Evidence from Trust and Gift Exchange Games

Drouvelis, Michalis; Powdthavee, Nattavudh - Institute for the Study of Labor (IZA) - 2013

significantly moderated by an increase in happiness for the person making the judgment. …

Persistent link: https://www.econbiz.de/10010680482

Subjective Well‐Being and Income: Is There Any Evidence of Satiation?

Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2013

Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...

Persistent link: https://www.econbiz.de/10010660252

Resilience to Economic Shocks and the Long Reach of Childhood Bullying

Powdthavee, Nattavudh - Institute for the Study of Labor (IZA) - 2012

This paper investigates whether people's ability to withstand and adapt to one of the most important economic shocks – job loss – is determined early on in childhood. Using nationally representative longitudinal data that tracks almost 3,000 children into adulthood, we show that the negative...

Persistent link: https://www.econbiz.de/10010585695