Showing 1 - 10 of 231
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the … perceived and the actual fairness of the income generation process affects this association. Building on a simple model of … of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …
Persistent link: https://www.econbiz.de/10008683292
This study discusses and employs dynamic panel data to investigate life satisfaction. A key result is that approximately 90% of the impact of any commonly measured variable on well-being is contemporaneous. This reflects the finding that lagged life satisfaction has a small, positive and...
Persistent link: https://www.econbiz.de/10011111478
We argue that perceived fairness of the income generation process affects the association between income inequality and … income redistribution. Income inequality is predicted to have a more favorable impact on subjective wellbeing for individuals … differences in individual tolerance for income inequality, and the predicted influence of actual fairness. …
Persistent link: https://www.econbiz.de/10011112607
Previous happiness research has explicitly assumed that subjective well-being is U-shaped in age. This paper sheds new …
Persistent link: https://www.econbiz.de/10005000017
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … income generation process affects this association. Building on a two-period model of individual life-time utility … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10008557077
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … income generation process affects this association. Building on a two-period model of individual life-time utility … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10008557081
Many empirical studies are ambiguous about whether good formal institutions are conducive to subjective well-being or not. Possibly, this ambiguity is caused by cross-section models that do not account for unobserved cultural and institutional effects. Using the World Value Survey 1980-2005,...
Persistent link: https://www.econbiz.de/10008536074
Happiness research is on the rise, but is confounded by competing definitions of subjective well-being based on co … well-being’, ‘affect’, ‘life satisfaction’, and ‘happiness’. It describes their measurements and operationalizations in …
Persistent link: https://www.econbiz.de/10005078654
Local weather conditions experienced by survey respondents on the day of the interview are used to assess the size of any bias resulting from transient affective influences on subjective response data and to test the validity of statistical inference about the determinants of subjective well-being.
Persistent link: https://www.econbiz.de/10008685567
higher well-being inequality: those in the lowest three income deciles and the middle-class experienced a significant …
Persistent link: https://www.econbiz.de/10011107479