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Life Satisfaction and Relative Income: Perceptions and Evidence

Mayraz, Guy; Schupp, Jürgen; Wagner, Gert G. - Centre for Economic Performance, LSE - 2009

Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...

Persistent link: https://www.econbiz.de/10005037456

Economic Growth Evens-Out Happiness: Evidence from Six Surveys

Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - Centre for Economic Performance, LSE - 2014

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has fallen in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the "very unhappy" and the "perfectly...

Persistent link: https://www.econbiz.de/10010945135

Adaptation to Poverty in Long-Run Panel Data

Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - Centre for Economic Performance, LSE - 2014

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 … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …

Persistent link: https://www.econbiz.de/10011076080

Upward Social Mobility, Well-being and Political Preferences: Evidence from the BHPS

Clark, Andrew E.; D'Angelo, Emanuela - Centre for Economic Performance, LSE - 2013

The paper uses 18 waves of BHPS data to provide evidence of the roles of both own social status and upward mobility relative to one's parents on job and life satisfaction, preferences for redistribution, pro-public sector attitudes and voting. Both own social status and greater mobility with...

Persistent link: https://www.econbiz.de/10010722843

Childhood Sporting Activities and Adult Labour-Market Outcomes

Cabane, Charlotte; Clark, Andrew E. - Centre for Economic Performance, LSE - 2013

We here ask whether sports participation at school is positively correlated with adult labour-market outcomes. There are many potential channels for this effect, although, as usual, identifying a causal relationship is difficult. We appeal to two widely-separated waves of Add Health data to map...

Persistent link: https://www.econbiz.de/10010722842

Lags and Leads in Life Satisfaction: A Test of the Baseline Hypothesis

Clark, Andrew E.; Diener, Ed; Georgellis, Yannis; … - Centre for Economic Performance, LSE - 2007

We look for evidence of habituation in twenty waves of German panel data: do individuals, after life and labour market events, tend to return to some baseline level of well-being? Although the strongest life satisfaction effect is often at the time of the event, we find significant lag and lead...

Persistent link: https://www.econbiz.de/10005150998

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

Clark, Andrew E.; Cornaglia, Francesca; Layard, Richard; … - Centre for Economic Performance, LSE - 2013

. Next comes the child's conduct. The least powerful predictor is the child's intellectual development. This has obvious …

Persistent link: https://www.econbiz.de/10010700735

Effort and Comparison Income: Experimental and Survey Evidence

Clark, Andrew E.; Masclet, David; Villeval, Marie-Claire - Centre for Economic Performance, LSE - 2008

This paper considers the effect of status or relative income on work effort, combining experimental evidence from a gift-exchange game with the analysis of multi-country ISSP survey data. We find a consistent negative effect of others' incomes on individual effort in both datasets. The...

Persistent link: https://www.econbiz.de/10005510394