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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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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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Ethnic diversity and well-being
Akay, Alpaslan; Constant, Amelie; Giulietti, Corrado; … - 2016
This paper investigates how ethnic diversity, measured by the immigrants' countries of origin, influences the well-being of the host country. Using panel data from Germany for the period 1998 to 2012, we find a positive effect of ethnic diversity on the well-being of German citizens. To...
Persistent link: https://www.econbiz.de/10011452237
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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
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Economic growth and subjective well-being : reassessing the easterlin paradox
Stevenson, Betsey (contributor); Wolfers, Justin (contributor) - 2008
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