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-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s … happiness by education have widened substantially. We develop an integrated approach to measuring inequality and decomposing … changes in the distribution of happiness, finding a pervasive decline in within-group inequality during the 1970s and 1980s …
Persistent link: https://www.econbiz.de/10005822578
U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income … inequality measured at the state or national level is associated with diminished subjective well-being (SWB) in the U.S. We … conduct the first multi-scale analysis (i.e., at the ZIP-code, MSA, and state levels) of the inequality-SWB relationship using …
Persistent link: https://www.econbiz.de/10011559583
In the United States happiness, on average, varies positively with socio-economic status; is fairly constant over time … happiness can be predicted rather closely from the mean satisfaction people report with each of four domains – finances, family … happiness, they come together in a way that explains quite well the overall patterns of happiness. The importance of any given …
Persistent link: https://www.econbiz.de/10010270406
Volunteering constitutes one of the most important pro-social activities. Following Adam Smith, helping others is the way to higher individual well-being. This view contrasts with the selfish utility maximizer who avoids costs from helping others. The two rival views are studied empirically. We...
Persistent link: https://www.econbiz.de/10010261810
happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader … in subjective well-being and income over time within countries we find economic growth associated with rising happiness … determining happiness. …
Persistent link: https://www.econbiz.de/10010268822
concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up … consists of the characteristics of the individuals belonging to his reference group. The vast literature about happiness … well-being is much less investigated. It is argued that the concept of well-being inequality cannot be properly defined …
Persistent link: https://www.econbiz.de/10008480917
Posner (1995) proposes the redistribution of health spending from old women to old men to equalize life expectancy. His argument is based on the assumption that women's utility is higher if they are married. Thus, extending the lifespan of men would benefit women. Using life satisfaction data...
Persistent link: https://www.econbiz.de/10010269404
The accepted view among psychologists and economists alike is that household income has statistically significant but only small effects on measures of subjective well-being. Income, however, is clearly an imperfect measure of the economic circumstances of households. Using data drawn from the...
Persistent link: https://www.econbiz.de/10010261799
What do social surveys of life cycle experience tell us about the determinants of subjective well-being? First, that the psychologists? setpoint model is wrong. Life events in the nonpecuniary domain, such as marriage, divorce, and physical disability, have a lasting effect on well-being, and do...
Persistent link: https://www.econbiz.de/10010261920
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the … study of whether the income effect depend on a person's happiness. In this paper we pinpoint the shortcomings of standard …
Persistent link: https://www.econbiz.de/10010261922