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The welfare implications of addictive substances : a longitudinal study of life satisfaction of drug users
Moschion, Julie; Powdthavee, Nattavudh - 2017
This paper provides an empirical test of the rational addiction model, used in economics to model individuals' consumption of addictive substances, versus the utility misprediction model, used in psychology to explain the discrepancy between people's decision and their subsequent experiences. By...
Persistent link: https://www.econbiz.de/10011764676
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The midlife crisis
Giuntella, Osea; McManus, Sally; Mujcic, Redzo; Oswald, … - 2022
This paper documents a longitudinal crisis of midlife among the inhabitants of rich nations. Yet middle-aged citizens in our data sets are close to their peak earnings, have typically experienced little or no illness, reside in some of the safest countries in the world, and live in the most...
Persistent link: https://www.econbiz.de/10013367287
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Happiness and growth the world over : time series evidence on the happiness-income paradox
Easterlin, Richard A.; Angelescu, Laura - 2009
There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per …-term positive association between the growth of happiness and income, arising from fluctuations in macroeconomic conditions, with … the long-term relationship, which is nil. -- Happiness ; economic growth ; developing countries ; transition countries …
Persistent link: https://www.econbiz.de/10003824943
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Modern economic growth and quality of life : cross sectional and time series evidence
Easterlin, Richard A. (contributor);  … - 2007
rights, happiness, and the like) associated with economic growth? International comparisons of quality of life (QoL … sometimes, as in the case of happiness and life satisfaction, QoL indicators remain unchanged despite a doubling or more of real …
Persistent link: https://www.econbiz.de/10003585354
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Subjective well-being, income, economic development and growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10009152425
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What can life satisfaction data tell us about discrimination against sexual minorities? : a structural equation model for Australia and the United Kingdom
Powdthavee, Nattavudh; Wooden, Mark - 2014
Very little is known about how the differential treatment of sexual minorities could influence subjective reports of overall well-being. This paper seeks to fill this gap. Data from two large surveys that provide nationally representative samples for two different countries - Australia (the...
Persistent link: https://www.econbiz.de/10010345535
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Economic approaches to understanding change in happiness
Powdthavee, Nattavudh; Stutzer, Alois - 2014
Are people condemned to an inherent level of experienced happiness? A review of the economic research on subjective … well-being gives reason to the assessment that happiness can change. First, empirical findings clearly indicate that people … of understanding variation in the process of adaptation. The modeling of happiness over the life course promises a …
Persistent link: https://www.econbiz.de/10010348918
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The new stylized facts about income and subjective well-being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2012
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with 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...
Persistent link: https://www.econbiz.de/10009683272
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Top incomes and human well-being around the world
Burkhauser, Richard V.; De Neve, Jan-Emmanuel; … - 2016
The share of income held by the top 1 percent in many countries around the world has been rising persistently over the last 30 years. But we continue to know little about how the rising top income shares affect human well-being. This study combines the latest data to examine the relationship...
Persistent link: https://www.econbiz.de/10011450430
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Subjective well‐being and income : is there any evidence of satiation?
Stevenson, Betsey; Wolfers, Justin - 2013
-being ; happiness ; satiation ; basic needs ; Easterlin paradox …
Persistent link: https://www.econbiz.de/10009738762