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scaling of satisfaction. The results show that year on year, individuals who have experienced a fall in income since the …. This suggests that income is a poor proxy for satisfaction but it does not provide firm evidence for the existence of … to rising incomes but less so falling incomes. The paper concludes that satisfaction with income is influenced by …
Persistent link: https://www.econbiz.de/10011126358
satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …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 54,000 individuals living in Germany from 1985 to 2012 to show first that life …
Persistent link: https://www.econbiz.de/10011126737
between these two in the case of basic needs. For the analysis, individuals’ self-reported life satisfaction is used as a … social relations – significantly influence people’s satisfaction, ceteris paribus. Next, the stability of preferences is … between life satisfaction and basic measures of well-being despite the landslide of societal and economic transformation. …
Persistent link: https://www.econbiz.de/10011126250
Local authorities spend considerable resources on social care at home for older adults. Given the expected growth in the population of older adults and budget cuts on local government, it is important to find efficient ways of maintaining and improving the quality of life of older adults. The...
Persistent link: https://www.econbiz.de/10011207078
Persistent link: https://www.econbiz.de/10005776305
A common view is that the performance of the UK economy between 1997 and 2010 under Labour was very weak and that the current economic problems are a consequence of poor policies in this period. In this report, we analyse the historical performance of the UK economy since 1997 compared with...
Persistent link: https://www.econbiz.de/10010745229
In this paper we explore the association between family income and children’s cognitive ability (IQ and school … characteristics and home environments of low income children in accounting for different outcomes. Using rich cohort data from the UK … psychological functioning. We also find some some aspects of the environment of higher income households hinder child development …
Persistent link: https://www.econbiz.de/10010746569
other individuals in the same personal, geographic or social networks, with the comparisons referring either to income or … other aspects of economic and social life. The existence of such comparison effects with respect to income may help to …
Persistent link: https://www.econbiz.de/10011126257
There is a growing literature that shows that higher family income is associated with better health for children …. Wealthier parents may have more advantaged children because they have more income to buy health care or because parental wealth … is associated with beneficial behaviours or because parental health is associated with both income and children¿s health …
Persistent link: https://www.econbiz.de/10011126444
Higher income is associated with greater well-being, but do income gains and losses impact on well-being differently … falls in income have a larger impact on well-being than equivalent income gains. The effect is not explained by the … diminishing returns to well-being of income. Our findings show that loss aversion applies to experienced losses, counteracting …
Persistent link: https://www.econbiz.de/10011126714