Showing 1 - 10 of 17
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
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
This paper examines how the level and dispersion of self-reported happiness has evolved over the period 1972 …-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s …. There have been large changes in the level of happiness across groups: Two-thirds of the black-white happiness gap has been …
Persistent link: https://www.econbiz.de/10012766287
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
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
countries, we show that prosocial spending is consistently associated with greater happiness. To test for causality, we conduct …, causal impact on happiness. In contrast to traditional economic thought--which places self-interest as the guiding principle …
Persistent link: https://www.econbiz.de/10012940578
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
We use the differences between life satisfaction and emotional well-being of employed and unemployed persons to analyze how a person’s employment status affects cognitive well-being. Our results show that unemployment has a negative impact on cognitive, but not on affective well-being, which...
Persistent link: https://www.econbiz.de/10013315859