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2020 in Germany, when schools and day care centers were closed but while other measures had been relaxed and new infections …
Persistent link: https://www.econbiz.de/10012825395
Surveys that measure subjective states like happiness or preferences often generate discrete ordinal data. Ordered response models, which are commonly used to analyze such data, suffer from a fundamental identification problem. Their conclusions depend on unjustified assumptions about the...
Persistent link: https://www.econbiz.de/10014358107
In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for …
Persistent link: https://www.econbiz.de/10012908666
study the effect of grandparents looking after grandchildren on quality of life and life satisfaction of grandparents. We … to grandfathers. The favorable effect on life satisfaction is primarily directly attributable to caring for grandchildren …
Persistent link: https://www.econbiz.de/10012866376
Using survey data from the China Family Panel Studies (CFPS) from 2010 to 2018, this paper analyzes the relationship between income inequality, group-specific income redistribution, and subjective well-being among China’s urban, rural, and migrant populations. Using narrowly defined reference...
Persistent link: https://www.econbiz.de/10014080052
life satisfaction, reference income exerts a negative effect on individual well-being, a result consistent with the …
Persistent link: https://www.econbiz.de/10013316734
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with 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...
Persistent link: https://www.econbiz.de/10010291564
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/10010274814
We survey a representative sample of US households to study how exposure to the COVID-19 stock market crash affects expectations and planned behavior. Wealth shocks are associated with upward adjustments of expectations about retirement age, desired working hours, and household debt, but have...
Persistent link: https://www.econbiz.de/10012835653
A large literature studies subjective beliefs about economic facts using unincentivized survey questions. We devise randomized experiments in a representative online survey to investigate whether incentivizing belief accuracy affects stated beliefs about average earnings by professional degree...
Persistent link: https://www.econbiz.de/10012890194