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New Measures of the Costs of Unemployment : Evidence from the Subjective Well-Being of 3.3 Million Americans

Helliwell, John F. - 2011

Using two large US surveys, we estimate the effects of unemployment on the subjective well-being of the unemployed and the rest of the population. For the unemployed, the non-pecuniary costs of unemployment are several times as large as those due to lower incomes, while the indirect effect at...

Persistent link: https://www.econbiz.de/10013129126

"Beauty is the Promise of Happiness"?

Hamermesh, Daniel S. - 2011

We measure the impact of individuals' looks on life satisfaction/happiness. Using five data sets, from the U.S., Canada … beauty. Beauty raises happiness: A one standard-deviation change in beauty generates about 0.10 standard deviations of … additional satisfaction/happiness among men, 0.12 among women. Accounting for a wide variety of covariates, particularly effects …

Persistent link: https://www.econbiz.de/10013121060

Changing Identity : Retiring from Unemployment

Hetschko, Clemens - 2011

Using data from the German Socio-Economic Panel from 1984-2009, we follow persons from their working life into their retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long-term unemployed people report a substantial increase in...

Persistent link: https://www.econbiz.de/10013121822

Retirement Income Security and Well-Being in Canada

Baker, Michael - 2010

, poverty, and happiness. For income, we find large increases in income corresponding to retirement benefit increases … indicate smoothing of consumption through savings or other mechanisms. Finally, our limited happiness measures show no …

Persistent link: https://www.econbiz.de/10012757959

Happiness, Contentment and Other Emotions for Central Banks

Di Tella, Rafael - 2010

We show that data on satisfaction with life from over 600,000 Europeans are negatively correlated with the unemployment rate and the inflation rate. Our preferred interpretation is that this shows that emotions are affected by macroeconomic fluctuations. Contentment is, at a minimum, one of the...

Persistent link: https://www.econbiz.de/10012759669

Dissatisfied with Life, but Having a Good Day : Time-Use and Well-Being of the Unemployed

Knabe, Andreas - 2009

We apply the Day Reconstruction Method to compare unemployed and employed people with respect to their subjective assessment of emotional affects, differences in the composition and duration of activities during the course of a day, and their self-reported life satisfaction. Employed persons are...

Persistent link: https://www.econbiz.de/10012763996

Work Expectations, Realizations, and Depression in Older Workers

Falba, Tracy - 2008

We explore the impact on depressive symptoms of deviation in actual labor force behavior at age 62 from earlier expectations. Our sample of 4,241 observations is drawn from the Health and Retirement Study (HRS). We examine workers who were less than 62 years of age at the 1992 HRS baseline, and...

Persistent link: https://www.econbiz.de/10012769532

Migration as a Test of the Happiness Set Point Hypothesis : Evidence from Immigration to Canada

Helliwell, John F. - 2016

Strong versions of the set point hypothesis argue that subjective well-being measures reflect each individual's own personality and that deviations from that set point will tend to be short-lived, rendering them poor measures of the quality of life. International migration provides an excellent...

Persistent link: https://www.econbiz.de/10012983665

Income Support, (Un-)Employment and Well-Being

Hetschko, Clemens - 2016

Using specific panel data of German welfare benefit recipients, we investigate the non-pecuniary life satisfaction effects of in-work benefits. Our empirical strategy combines difference-in-difference designs with synthetic control groups to analyze transitions of workers between unemployment,...

Persistent link: https://www.econbiz.de/10012984507

How Happy are Your Neighbours? Variation in Life Satisfaction Among 1200 Canadian Neighbourhoods and Communities

Helliwell, John F. - 2018

This paper presents a new public-use dataset for community-level life satisfaction in Canada, based on more than 400,000 observations from the Canadian Community Health Surveys and the General Social Surveys. The country is divided into 1215 similarly sampled geographic regions, using natural,...

Persistent link: https://www.econbiz.de/10012919321