Showing 1 - 9 of 9
age of 30 and who have higher income. We also provide evidence of a positive selection into parenthood, whereby happier …
Persistent link: https://www.econbiz.de/10011457380
. The individual's rank in the income distribution is a stronger determinant of effort than others' average income …This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift …: those who received higher income offers or had higher income rank in the past exert lower levels of effort for a given …
Persistent link: https://www.econbiz.de/10003333113
We use British panel data to determine the exogenous impact of income on a number of individual health outcomes … allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely … exogenous. Positive income shocks have no significant effect on general health, but a large positive effect on mental health …
Persistent link: https://www.econbiz.de/10003937887
activities, rendering conclusions regarding well-being policy less straightforward. -- comparison ; habituation ; income …
Persistent link: https://www.econbiz.de/10009408713
While there is now something of a consensus in the literature on the economics of happiness that income comparisons to … others help determine subjective wellbeing, debate continues over the relative importance of own and reference-group income … regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from …
Persistent link: https://www.econbiz.de/10011295515
This paper models the relationship between income and reported well-being using latent class techniques applied to … strongly reject the hypothesis that individuals transform income into well-being in the same way. We show that both individual … marginal effect of income on well-being across classes will be reflected in both behaviour and preferences for redistribution. …
Persistent link: https://www.econbiz.de/10002452375
We here consider the effect of the level of income that individuals consider to be fair for the job they do, which we … take as measure of comparison income, on both subjective well-being and objective future job quitting. In six waves of … German Socio-Economic Panel data, the extent to which own labour income is perceived to be unfair is significantly negatively …
Persistent link: https://www.econbiz.de/10011798035
income and parental education) remain good predictors of well-being over 50 years later. In terms of the proximal covariates …
Persistent link: https://www.econbiz.de/10011760110
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life satisfaction falls with both the incidence and intensity of...
Persistent link: https://www.econbiz.de/10010440553