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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/10011305432
comparisons in determining happiness. -- Happiness ; subjective well-being ; Easterlin Paradox ; life satisfaction ; economic …
Persistent link: https://www.econbiz.de/10003751098
Major health shocks can have far-reaching consequences on the welfare of an individual's support and emotional network. This paper investigates both long-term and short-term spillovers of a major non-communicable health shock, namely a cancer diagnosis (CD), on the health and well-being of an...
Persistent link: https://www.econbiz.de/10014292854
Using survey data from the China Family Panel Studies (CFPS) from 2010 to 2018, this paper analyzes the relationship … between income inequality, group-specific income redistribution, and subjective well-being among China's urban, rural, and …
Persistent link: https://www.econbiz.de/10013285661
Utilizing the 2015 wave of the China Health and Retirement Longitudinal Study (CHARLS) that covers 7045 households, we … study the effect of grandparents looking after grandchildren on quality of life and life satisfaction of grandparents. We … to grandfathers. The favorable effect on life satisfaction is primarily directly attributable to caring for grandchildren …
Persistent link: https://www.econbiz.de/10012024588
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/10008697413
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009736745
We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend … reference effects in the determination of income satisfaction. We show that this adjustment helps to overcome a bias causing an …
Persistent link: https://www.econbiz.de/10011547742
individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …
Persistent link: https://www.econbiz.de/10003897543
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 … expected. -- happiness ; subjective well-being ; financial satisfaction ; Israel ; religion ; immigration ; terrorism …
Persistent link: https://www.econbiz.de/10008697099