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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

Subjective Well-Being, Income, Economic Development and Growth

Sacks, Daniel W. - 2011

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

Life at the Top : The Benefits of Height

Deaton, Angus - 2011

emotions such as enjoyment and happiness. They are also less likely to report a range of negative experiences, like sadness …

Persistent link: https://www.econbiz.de/10013134585

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

Money and Happiness : Evidence from the Industry Wage Structure

Pischke, Jörn-Steffen - 2011

from money to happiness. I use industry wage differentials as instruments for income. This is based on the idea that at …

Persistent link: https://www.econbiz.de/10013125159

Estimating the Influence of Life Satisfaction and Positive Affect on Later Income Using Sibling Fixed-Effects

De Neve, Jan‐Emmanuel - 2012

happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and … indirect effects that carry the influence from happiness to income. Significant mediating pathways include a higher probability …

Persistent link: https://www.econbiz.de/10013097111

Subjective Well-Being and Income : Is There Any Evidence of Satiation?

Stevenson, Betsey - 2013

Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...

Persistent link: https://www.econbiz.de/10013082770

The New Stylized Facts About Income and Subjective Well-Being

Sacks, Daniel W. - 2013

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/10013088124

Happiness on Tap : Piped Water Adoption in Urban Morocco

Devoto, Florencia - 2014

We study the demand for household water connections in urban Morocco, and the effect of such connections on household welfare. In the northern city of Tangiers, among homeowners without a private connection to the city's water grid, a random subset was offered a simplified procedure to purchase...

Persistent link: https://www.econbiz.de/10013068296

Happiness Adaptation to Income and to Status in an Individual Panel

Di Tella, Rafael - 2007

We study quot;habituationquot; to income and to status using individual panel data on the happiness of 7,812 people … living in Germany from 1984 to 2000. Specifically, we estimate a quot;happiness equationquot; defined over several lags of … in status and 52% of one standard deviation in income are associated with similar increases in happiness. In the long …

Persistent link: https://www.econbiz.de/10012776806