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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
own household income, respondents report higher satisfaction levels when they experience an increase in their income over … also report less satisfaction with life. At the same time, our evidence suggests that relative wealth effect is stronger … for the rich. Similarly, in villages with higher inequality, individuals report less satisfaction with life. However, when …
Persistent link: https://www.econbiz.de/10011279249
In recent years in the public discourse of many European countries there has been a shift in emphasis from "poverty" to "social exclusion". Broadly interpreted, "social exclusion" implies the "inability of an individual to participate in the basic political, economic and social functionings of...
Persistent link: https://www.econbiz.de/10005703549
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10008682244
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010959826
We measure the impact of individuals' looks on their life satisfaction or happiness. Using five data sets from the U … about 0.10 standard deviations of additional satisfaction/happiness among men, 0.12 among women. Accounting for a wide …
Persistent link: https://www.econbiz.de/10008926961
abandoned and experienced with less regret during old age. In a unique panel of 132,609 life satisfaction expectations matched … to subsequent realizations, I find people to err systematically in predicting their life satisfaction over the life cycle …
Persistent link: https://www.econbiz.de/10010695874
There are strong two-way links between parent and child happiness (life satisfaction), even for 'children' who have …. However, the life satisfaction of adult 'children' continues to be directly influenced by the life satisfaction of their … indicate that the life satisfaction of offspring can significantly affect the satisfaction of their parents, as well as vice …
Persistent link: https://www.econbiz.de/10010884209
affect well-being, and to what degree can they account for the life satisfaction path followed during young adulthood? To … transitions undergone during each age interval are examined. Life satisfaction at ages 22 to 40 follows a slight inverse U … overall life satisfaction. Partnership formation, the school-to-work transition, and parenting younger children are all …
Persistent link: https://www.econbiz.de/10010884361
investigates the effect of job loss and becoming unemployed, another field of study focuses on the determinants of job satisfaction … evolving around employment conditions, self-employment, and potential public sector satisfaction premiums. A smaller part of …
Persistent link: https://www.econbiz.de/10010959638