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racial gaps such as those in income, employment, and education. Much of the current racial gap in well]being can be explained …
Persistent link: https://www.econbiz.de/10010636596
happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income … of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a … the relationship between subject well-being and income observed within countries. Finally, examining the relationship …
Persistent link: https://www.econbiz.de/10005405873
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the … perceived and the actual fairness of the income generation process affects this association. Building on a simple model of … of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …
Persistent link: https://www.econbiz.de/10008671705
We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …
Persistent link: https://www.econbiz.de/10013132796
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 …The question of whether there is a connection between income and psychological well-being is a long-studied issue …
Persistent link: https://www.econbiz.de/10013097111
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 well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …
Persistent link: https://www.econbiz.de/10013088124
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 well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …
Persistent link: https://www.econbiz.de/10010877842
The trends and consequences of terrorist activities are often captured by counting the number of incidents and casualties. More recently, the effects of terrorist acts on various aspects of the economy have been analyzed. These costs are surveyed and put in perspective. As economic consequences...
Persistent link: https://www.econbiz.de/10005094285
We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …
Persistent link: https://www.econbiz.de/10008671708
’ response to an exogenous shock of (un)happiness (i.e. the death of husband or wife). We conclude that SWB explains voting …
Persistent link: https://www.econbiz.de/10010948805