Showing 1 - 10 of 18
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
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
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
In Happiness for All?, Carol Graham raises disquieting ideas about today's United States. The challenge she puts … citizens have downwardly trended happiness levels. There is, however, one bright side to an otherwise dark story. The happiness …
Persistent link: https://www.econbiz.de/10012941963
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
We show that, without strong auxiliary assumptions, it is impossible to rank groups by average happiness using survey …-to-Opportunity increases happiness, men have become happier relative to women, and an Easterlin paradox exists depends on whether happiness is …
Persistent link: https://www.econbiz.de/10013057415
We use four ways of the European Social Survey, covering 2000 to 2008, to analyze the effect of religion on happiness … lowers happiness while the latter raises it. We interpret this as evidence that the tangible aspects of religion (such as … abiding by restrictions on consumption and behavior) decrease happiness while the spiritual aspects increase it. We also find …
Persistent link: https://www.econbiz.de/10013018703
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