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The quot;Easterlin paradoxquot; suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear...
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
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
We present the first attempt to construct a long-run historical measure of subjective wellbeing using language corpora from millions of digitized books for the USA, UK, Germany, France, Italy and Spain. While existing measures go back at most to the 1970s, our measure goes back at least 200...
Persistent link: https://www.econbiz.de/10012969029
We study the importance of economists' professional situation toward their life satisfaction based on a unique survey … of mostly academic economists. On average, economists report to be highly happy with life. Satisfaction is positively … related to spending more time on doing research. The lack of a tenured position decreases satisfaction. However, the extent to …
Persistent link: https://www.econbiz.de/10013040007
We use the UK Labor Force survey to investigate whether the socio-economic outcomes of people born on the 13th day of the month, and of those born on Friday the 13th, differ from the outcomes of people born on more auspicious days. In many European countries, including the UK, such days are...
Persistent link: https://www.econbiz.de/10013044603
satisfaction, though only for some time, whereas the impact of exogenously triggered job changes is ambiguous. Risk aversion … interacts negatively with this effect in life satisfaction. Analysing time-use data and well-being indicators for various areas … of life, we find evidence that involuntary job mobility turns out to be harmful for satisfaction with family life. By …
Persistent link: https://www.econbiz.de/10012988230
Using specific panel data of German welfare benefit recipients, we investigate the non-pecuniary life satisfaction … makes people generally better off than being unemployed, but employed welfare recipients do not reach the life satisfaction …
Persistent link: https://www.econbiz.de/10012984507
We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for … 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
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB...
Persistent link: https://www.econbiz.de/10013315521