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level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income … comparisons in determining happiness …
Persistent link: https://www.econbiz.de/10012756506
Since measures of well-being are meant to be an exercise in documentation, but also a tool for policies and priorities, we suggest an operative way to use them. We evaluate both technical and social efficiency of countries in producing the Better Life Index (BLI) objectives. To assess the...
Persistent link: https://www.econbiz.de/10013017729
We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous univariate approaches, we consider income and life expectancy...
Persistent link: https://www.econbiz.de/10013316486
measures where available. The relationship with life expectancy is significant and positive. Infant mortality correlates …
Persistent link: https://www.econbiz.de/10012969029
Over the last decades, research in behavioural economics has demonstrated that individual welfare (utility), as relevant for economic decision making, depends not only on absolut but also on distributional aspects. Moreover, evidence is gathering that something similar holds for aggregate...
Persistent link: https://www.econbiz.de/10012916152
happiness inequality in happiness studies. We plead for an extension of the present happiness paradigm by setting up a new …
Persistent link: https://www.econbiz.de/10013316230
social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find …In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …
Persistent link: https://www.econbiz.de/10013136696
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10013132796
Schumpeter’s concept of creative destruction as the engine of capitalist development is well-known. However, that the destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP and on welfare is hardly acknowledged, with...
Persistent link: https://www.econbiz.de/10013315579
We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for … vary in religiosity between secular and ultra–orthodox. We find a significant effect of religiosity on happiness. With … respect to Jewish families it is most striking that the impact of family size on both life and financial satisfaction seems to …
Persistent link: https://www.econbiz.de/10013137879