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Subjective well-being (SWB) indicators, such as positive and negative emotions, life evaluations, and assessments of having purpose and meaning and life are increasingly used alongside income, employment, and consumption measures to provide a more comprehensive view of human progress. SWB...
Persistent link: https://www.econbiz.de/10011517733
The relationship between happiness and work is subject to an ever growing empirical literature in economics. The … the literature investigates potential driving effects of happiness on labor market outcomes. This article will give an …
Persistent link: https://www.econbiz.de/10010403446
We examine the effect of joining the European Union on individual life satisfaction in Bulgaria and Romania in the context of the 2007 EU enlargement. Although EU membership is among the most important events in Bulgaria and Romania's modern histories, there is no evidence on how it affected the...
Persistent link: https://www.econbiz.de/10011449769
happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a … happiness. For some countries their estimated growth rates of happiness and GDP are not trend rates, but those observed in … cyclical expansion or contraction. Mixing these short-term with long-term growth rates shifts a happiness-GDP regression from a …
Persistent link: https://www.econbiz.de/10011450390
We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income hypothesis (RIH) and altruism). The relationship is...
Persistent link: https://www.econbiz.de/10011476321
. These data provide information on citizens' happiness, levels of customer satisfaction, employees' satisfaction, mental …
Persistent link: https://www.econbiz.de/10012603839
of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly …, and the greater the shortfall, the less one's happiness. There is thus an asymmetry in the psychological roots of income … evaluations when income is rising vs. falling , and this causes a corresponding asymmetry in the response of happiness to the …
Persistent link: https://www.econbiz.de/10012604148
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012372750
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
Despite the burgeoning happiness economics literature, scholars have largely ignored explorations of how individuals or …
Persistent link: https://www.econbiz.de/10011664189