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Are people condemned to an inherent level of experienced happiness? A review of the economic research on subjective … well-being gives reason to the assessment that happiness can change. First, empirical findings clearly indicate that people … of understanding variation in the process of adaptation. The modeling of happiness over the life course promises a …
Persistent link: https://www.econbiz.de/10010764588
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
Long term trends in happiness and income are not related; short term fluctuations in happiness and income are … artifact. Some analysts assert that in less developed countries happiness and economic growth are positively related "up to …
Persistent link: https://www.econbiz.de/10010660253
Despite its unprecedented growth in output per capita in the last two decades, China has essentially followed the life satisfaction trajectory of the central and eastern European transition countries – a U-shaped swing and a nil or declining trend. There is no evidence of an increase in life...
Persistent link: https://www.econbiz.de/10010814474
employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not …. These conclusions are suggested by an analysis of a wide range of evidence on happiness in countries throughout the world. …
Persistent link: https://www.econbiz.de/10010627841
In the United States happiness, on average, varies positively with socio-economic status; is fairly constant over time … happiness can be predicted rather closely from the mean satisfaction people report with each of four domains - finances, family … happiness, they come together in a way that explains quite well the overall patterns of happiness. The importance of any given …
Persistent link: https://www.econbiz.de/10005703139
other fields assume that people sometimes fail to make optimal choices and thus adversely affect their own happiness. Most … experienced individual well-being to improve people's happiness. …
Persistent link: https://www.econbiz.de/10009649826
Individuals frequently face intertemporal decisions. For the purposes of economic analysis, the preference parameters assumed to govern these decisions are generally considered to be stable economic primitives. However, evidence on the stability of time preferences is notably lacking. In a large...
Persistent link: https://www.econbiz.de/10008615447
Throughout Germany real income has trended upward since 1991, but life satisfaction has risen in the East, fallen in the West, and been fairly stable for Germany as a whole. By 1997 the initial excess of West over East Germany was cut by over one-half; since then, the differential has changed...
Persistent link: https://www.econbiz.de/10005822434
The striking thing about the happiness-income paradox is that over the long-term – usually a period of 10 y or more … – happiness does not increase as a country's income rises. Heretofore the evidence for this was limited to developed countries …. This article presents evidence that the long term nil relationship between happiness and income holds also for a number of …
Persistent link: https://www.econbiz.de/10009147296