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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

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

The great happiness moderation

Clark, Andrew E.; Flèche, Sarah; Senik-Leygonie, Claudia - 2012

This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … addition to the Easterlin paradox, which states that the time trend in average happiness is flat during episodes of long …-run income growth. This mean-preserving declining spread in happiness comes about via falls in both the share of individuals who …

Persistent link: https://www.econbiz.de/10009575162

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

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

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

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

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

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

My baby takes the morning train : gender identity, fairness, and relative labor supply within households

Lepinteur, Anthony; Fleche, Sarah; Powdthavee, Nattavudh - 2016

The current study argues that women's decision to leave the labor force at the point where their income exceeds their husbands' income may have less to do with gender identity norm (Bertrand et al., 2015) and more to do with what women think is a fair distribution of relative working hours...

Persistent link: https://www.econbiz.de/10011594073