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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

International Happiness

Blanchflower, David G. - 2011

This paper describes the findings from a new, and intrinsically interdisciplinary, literature on happiness and human …

Persistent link: https://www.econbiz.de/10013131673

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

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

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

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

Inequality of Subjective Well-Being as a Comprehensive Measure of Inequality

Goff, Leonard - 2016

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

Aging, Religion, and Health

Deaton, Angus - 2009

Durkheim's famous study of suicide is a precursor of a large contemporary literature that investigates the links between religion and health. The topic is particularly germane for the health of women and of the elderly, who are much more likely to be religious. In this paper, I use data from the...

Persistent link: https://www.econbiz.de/10013156862

Prosocial Spending and Well-Being : Cross-Cultural Evidence for a Psychological Universal

Aknin, Lara B. - 2018

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

Happiness, Contentment and Other Emotions for Central Banks

Di Tella, Rafael - 2010

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