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life, called domains, such as health, financial situation, job, leisure, housing, and environment. We postulate a two … income. The model is estimated using a large German panel data set. …
Persistent link: https://www.econbiz.de/10011326415
This paper presents an empirical analysis of the importance of 'comparison income' for individual well-being or … happiness. In other words, the influence of the income of a reference group on individual well-being is examined. The main … novelty is that various hypotheses are tested: importance of own income, relevance of the income of the reference group and of …
Persistent link: https://www.econbiz.de/10011326410
health status. The paper presents estimates of the equivalent income change that would be necessary to change general … satisfaction with life to the same extent as a change in health satisfaction would do. In other words, the income equivalent of … estimate the income equivalent for these diseases. This method uses answers to well-being and health satisfaction questions as …
Persistent link: https://www.econbiz.de/10011326414
We investigate how a transition from paid employment to self-employment in the labor market influences life satisfaction. Furthermore, we consider the dynamics of work and leisure satisfaction because the balance between work and leisure is an important element of life satisfaction....
Persistent link: https://www.econbiz.de/10011327339
the compensating income variation of social capital. We find differences in social capital when we differentiate according … to individual characteristics such as education, age, place of residence, household composition and health. Household … income generally has a statistically significant effect. We find a significant effect of social capital on …
Persistent link: https://www.econbiz.de/10011372499
It is well known that income and health are positively associated. Much less is known about the strength of this … by government transfers versus market transfers on changes in income-related health inequality (IRHI) in Europe. Using … the European Union Survey of Income and Living Conditions (EU-SILC) panel data for 7 EU countries from 2004 to 2013, we …
Persistent link: https://www.econbiz.de/10011895704
Taller individuals typically have occupations with higher social status and higher earnings than shorter individuals. Further, entrepreneurship is associated with high social status in numerous countries; hence, entrepreneurs might be taller than wage workers. Using data from the German...
Persistent link: https://www.econbiz.de/10010391520
Persistent link: https://www.econbiz.de/10010191279
We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility … status. Retirement of partnered men positively affects mental health of both themselves and their partners. Single men … retiring experience a drop in mental health. Female retirement has hardly any effect on their own mental health or the mental …
Persistent link: https://www.econbiz.de/10012122587
After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...
Persistent link: https://www.econbiz.de/10011372500