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Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis

Praag, Bernard M.S. van - Institute for the Study of Labor (IZA) - 2007

After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...

Persistent link: https://www.econbiz.de/10005762324

Public Implementation Eliminates Detrimental Effects of Punishment on Human Cooperation

Xiao, Erte; Houser, Daniel - Institute for the Study of Labor (IZA) - 2006

Development of human societies requires cooperation among unrelated individuals and obedience to social norms. Although punishment is widely agreed to be potentially useful in fostering cooperation, many recent results in psychology and economics highlight punishments' failures in this regard....

Persistent link: https://www.econbiz.de/10005822503

Boon or Bane? Others' Unemployment, Well-being and Job Insecurity

Clark, Andrew E.; Knabe, Andreas; Rätzel, Steffen - Institute for the Study of Labor (IZA) - 2009

The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a far smaller effect on the unemployed. We use German panel data to reproduce this standard result, but then suggest that the appropriate distinction may not be between employment...

Persistent link: https://www.econbiz.de/10005015501

Imitative Obesity and Relative Utility

Blanchflower, David G.; Oswald, Andrew J.; Van … - Institute for the Study of Labor (IZA) - 2009

If human beings care about their relative weight, a form of imitative obesity can emerge (in which people subconsciously keep up with the weight of the Joneses). Using Eurobarometer data on 29 countries, this paper provides cross-sectional evidence that overweight perceptions and dieting are...

Persistent link: https://www.econbiz.de/10004999153

Objective Confirmation of Subjective Measures of Human Well-being: Evidence from the USA

Oswald, Andrew J.; Wu, Stephen - Institute for the Study of Labor (IZA) - 2010

-2008 Behavioral Risk Factor Surveillance System random sample of 1.3 million United States citizens. Life-satisfaction in each U …, using solely non-subjective data, in a literature from economics (so-called 'compensating differentials' neoclassical theory …

Persistent link: https://www.econbiz.de/10008562535

Putting Different Price Tags on the Same Health Condition: Re-evaluating the Well-Being Valuation Approach

Powdthavee, Nattavudh; van den Berg, Bernard - Institute for the Study of Labor (IZA) - 2011

Many recent writings in health policy have proposed that health be valued directly and in monetary terms using the new well-being valuation method. Yet there is currently no clear consensus on what the best measure of individual’s experience may be for the evaluation process. To shed light on...

Persistent link: https://www.econbiz.de/10008839297

Multidimensional Well-Being at the Top: Evidence for Germany

Peichl, Andreas; Pestel, Nico - Institute for the Study of Labor (IZA) - 2011

nonmaterial quality of life as well as self-reported satisfaction with life as dimensions. We find that one third of the German …-being distribution has decreased over time. Moreover, health as well as life satisfaction contribute quite substantially to …

Persistent link: https://www.econbiz.de/10009369114

National Happiness and Genetic Distance: A Cautious Exploration

Proto, Eugenio; Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2014

This paper examines a famous puzzle in social science. Why do some nations report such high happiness? Denmark, for instance, regularly tops the league table of rich nations' well-being; Great Britain and the US enter further down; France and Italy do relatively poorly. Yet the explanation for...

Persistent link: https://www.econbiz.de/10010884101

What Predicts a Successful Life? A Life-Course Model of Well-Being

Layard, Richard; Clark, Andrew E.; Cornaglia, Francesca; … - Institute for the Study of Labor (IZA) - 2013

If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by … British Cohort Study (1970). The most powerful childhood predictor of adult life-satisfaction is the child's emotional health … implications for educational policy. Among adult circumstances, family income accounts for only 0.5% of the variance of life-satisfaction …

Persistent link: https://www.econbiz.de/10010960126

Human Well-being and In-Work Benefits: A Randomized Controlled Trial

Dorsett, Richard; Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2014

Many politicians believe they can intervene in the economy to improve people's lives. But can they? In a social experiment carried out in the United Kingdom, extensive in-work support was randomly assigned among 16,000 disadvantaged people. We follow a sub-sample of 3,500 single parents for 5...

Persistent link: https://www.econbiz.de/10010739948

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