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of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income … comparisons in determining happiness. -- Happiness ; subjective well-being ; Easterlin Paradox ; life satisfaction ; economic …
Persistent link: https://www.econbiz.de/10003752845
that measures of subjective well-being indicate that women's happiness has declined both absolutely and relative to men …-being, and is pervasive across demographic groups and industrialized countries. Relative declines in female happiness have eroded … a gender gap in happiness in which women in the 1970s typically reported higher subjective well-being than did men …
Persistent link: https://www.econbiz.de/10003859341
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10003532960
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
; happiness ; race …
Persistent link: https://www.econbiz.de/10009727586
We review the survey and experimental findings in the literature on attitudes to income inequality. We interpret the latter as any disparity in incomes between individuals. We classify these findings into two broad types of individual attitudes towards the income distribution in a society: the...
Persistent link: https://www.econbiz.de/10010350420
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
This paper examines how the level and dispersion of self-reported happiness has evolved over the period 1972 …-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s …. There have been large changes in the level of happiness across groups: Two-thirds of the black-white happiness gap has been …
Persistent link: https://www.econbiz.de/10003747645
-being ; happiness ; satiation ; basic needs ; Easterlin paradox …
Persistent link: https://www.econbiz.de/10009738762
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...
Persistent link: https://www.econbiz.de/10011798035