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in subjective well-being and income over time within countries we find economic growth associated with rising happiness … happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader … relationship between subject well-being and income observed within countries. Finally, examining the relationship between changes …
Persistent link: https://www.econbiz.de/10010264434
racial gaps such as those in income, employment, and education. Much of the current racial gap in well-being can be explained …
Persistent link: https://www.econbiz.de/10010292799
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/10010274890
The trends and consequences of terrorist activities are often captured by counting the number of incidents and casualties. More recently, the effects of terrorist acts on various aspects of the economy have been analyzed. These costs are surveyed and put in perspective. As economic consequences...
Persistent link: https://www.econbiz.de/10010261089
their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that … only income relative to others was related to well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …
Persistent link: https://www.econbiz.de/10010291564
We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …
Persistent link: https://www.econbiz.de/10010274814
Research on happiness has produced valuable insights into the sources of subjective well-being. A major finding from … this literature is that people exhibit a baseline happiness that shows persistent strength over time, and twin studies have … shown that genes play a significant role in explaining the variance of baseline happiness between individuals. However …
Persistent link: https://www.econbiz.de/10010266103
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in … about well-being, we find no support for this claim. The relationship between well-being and income is roughly linear …
Persistent link: https://www.econbiz.de/10010293982
vary in religiosity between secular and ultra-orthodox. We find a significant effect of religiosity on happiness. With …
Persistent link: https://www.econbiz.de/10010274729
economics. We provide the first evidence of a powerful connection between happiness and risk-avoidance. Using data on 300 …. Independent longitudinal data corroborate the finding, showing that happiness is predictive of future motor vehicle accidents. Our …
Persistent link: https://www.econbiz.de/10010274789