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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

Inequality and Happiness : When Perceived Social Mobility and Economic Reality do not Match

Bjørnskov, Christian - 2010

In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the … social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find …

Persistent link: https://www.econbiz.de/10013136696

"Beauty is the Promise of Happiness"?

Hamermesh, Daniel S. - 2011

We measure the impact of individuals' looks on life satisfaction/happiness. Using five data sets, from the U.S., Canada … beauty. Beauty raises happiness: A one standard-deviation change in beauty generates about 0.10 standard deviations of … additional satisfaction/happiness among men, 0.12 among women. Accounting for a wide variety of covariates, particularly effects …

Persistent link: https://www.econbiz.de/10013121060

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

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

The Friends Factor : How Students' Social Networks Affect Their Academic Achievement and Well-Being?

Lavy, Victor - 2012

have positive effects on other measures of well-being, including social and overall happiness in school, time allocated for …

Persistent link: https://www.econbiz.de/10013099539

Can Marginal Rates of Substitution Be Inferred from Happiness Data? Evidence from Residency Choices

Benjamin, Daniel J. - 2013

satisfaction and Cantril's ladder) imply tradeoffs closer to choice than does affective happiness (even time-integrated), and as …

Persistent link: https://www.econbiz.de/10013084207

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

Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan

Campante, Filipe R. - 2013

We study the economic effects of religious practices in the context of the observance of Ramadan fasting, one of the central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating Islamic calendar. We report two key, quantitatively...

Persistent link: https://www.econbiz.de/10013071304

The Under-Reporting of Transfers in Household Surveys : Its Nature and Consequences

Meyer, Bruce D. - 2010

High rates of understatement are found for many government transfer programs and in many datasets. This understatement has major implications for our understanding of economic well-being and the effects of transfer programs. We provide estimates of the extent of under-reporting for ten transfer...

Persistent link: https://www.econbiz.de/10013152093