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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
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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
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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
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Life at the Top : The Benefits of Height
Deaton, Angus - 2011
emotions such as enjoyment and happiness. They are also less likely to report a range of negative experiences, like sadness …
Persistent link: https://www.econbiz.de/10013134585
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Sustainability and the Measurement of Wealth
Arrow, Kenneth J. - 2010
We develop a consistent and comprehensive theoretical framework for assessing whether economic growth is compatible with sustaining well-being over time. The framework focuses on whether a comprehensive measure of wealth - one that accounts for natural capital and human capital as well as...
Persistent link: https://www.econbiz.de/10013135234
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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
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Happiness and Financial Satisfaction in Israel : Effects of Religiosity, Ethnicity, and War
van Praag, B.M.S. - 2010
vary in religiosity between secular and ultra–orthodox. We find a significant effect of religiosity on happiness. With …
Persistent link: https://www.econbiz.de/10013137879
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Do Mood Swings Drive Business Cycles and is it Rational?
Beaudry, Paul - 2011
This paper provides new evidence in support of the idea that bouts of optimism and pessimism drive much of US business cycles. In particular, we begin by using sign-restriction based identification schemes to isolate innovations in optimism or pessimism and we document the extent to which such...
Persistent link: https://www.econbiz.de/10013117561
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"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
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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