Showing 1 - 10 of 19
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
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10013132796
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
that measures of subjective well-being indicate that women's happiness has declined both absolutely and relative to men …-being, and is pervasive across demographic groups and industrialized countries. Relative declines in female happiness have eroded … a gender gap in happiness in which women in the 1970s typically reported higher subjective well-being than did men …
Persistent link: https://www.econbiz.de/10013152732
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
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
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
longer term residents, and yet some people continue to move to these areas. While the historical data on happiness are … interpretation of these facts is that individuals do not aim to maximize self-reported well-being, or happiness, as measured in … surveys, and they willingly endure less happiness in exchange for higher incomes or lower housing costs. In this view …
Persistent link: https://www.econbiz.de/10013050312
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
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