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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
’ 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/10013315574
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
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
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
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 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
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 … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …
Persistent link: https://www.econbiz.de/10013315521