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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
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
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
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show...
Persistent link: https://www.econbiz.de/10012063244
We study the effects of Massachusetts' healthcare reform on individuals' subjective well-being. Using data from the Behavioral Risk Factor Surveillance System, we find that the reform significantly improved Massachusetts residents' overall life-satisfaction. This result is robust to various...
Persistent link: https://www.econbiz.de/10011925256
This article comments on the role of empirical subjective well-being research in public policy within a constitutional, procedural perspective of government and state. It rejects the idea that, based on the promises of the measurement, we should adopt a new policy perspective that is oriented...
Persistent link: https://www.econbiz.de/10012118051
This study analyzes the effects of the 2014 Affordable Care Act (ACA) Medicaid expansion on the subjective well-being of individuals in the United States. Using data from the Panel Study of Income Dynamics, we find that the expansion has significantly improved the overall life satisfaction of...
Persistent link: https://www.econbiz.de/10012119022
the probability of reporting intentions to migrate. The findings of this paper raise concerns about possible 'happiness …
Persistent link: https://www.econbiz.de/10010515268
The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being when facing major life events. Based on individual panel data, we compare people's forecast of their life...
Persistent link: https://www.econbiz.de/10011308432