Showing 1 - 10 of 20
This paper examines the evolution of economic inequality in Sweden before, during and after the major macro-economic recession in the early 1990s. Earnings and income inequality increased after the downturn, but government safety net programs buttressed disposable income for those with low...
Persistent link: https://www.econbiz.de/10012759301
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 reassess the quot;scarringquot; hypothesis by Clark et al. (2001), which states that unemployment experienced in the past reduces a person's current life satisfaction even after the person has become reemployed. Our results suggest that the scar from past unemployment operates via worsened...
Persistent link: https://www.econbiz.de/10012768534
What impact does inequality have on metropolitan areas? Crime rates are higher in places with more inequality, and people in unequal cities are more likely to say that they are unhappy. There is also a negative association between local inequality and the growth of both income and population,...
Persistent link: https://www.econbiz.de/10012751245
of five main measures of well-being: happiness; life satisfaction; whether life is worthwhile; anxiety and depression … in 2010 that is not matched by declines in happiness measures (positive affect). The fear of unemployment obtained from …
Persistent link: https://www.econbiz.de/10012914269
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
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of … inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies … among individuals. Its correlation with both happiness levels and social trust is substantially stronger than the …
Persistent link: https://www.econbiz.de/10013000535
This paper examines the impact of late-career investment returns and job loss on subsequent retiree well-being. Specifically, we explore whether there is a link between the income of retirees aged 70 to 79 and the stock market and labor market conditions that existed around the time of their...
Persistent link: https://www.econbiz.de/10013142294
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB...
Persistent link: https://www.econbiz.de/10013315521