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This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10009575162
initial level, life satisfaction has not improved. -- happiness ; life satisfaction ; subjective well-being ; income ; long …
Persistent link: https://www.econbiz.de/10009699443
satisfaction trajectory of the central and eastern European transition countries - a U-shaped swing and a nil or declining trend …. There is no evidence of an increase in life satisfaction of the magnitude that might have been expected to result from the … accompanying dissolution of the social safety net along with growing income inequality. The burden of worsening life satisfaction …
Persistent link: https://www.econbiz.de/10009700204
satisfaction ; quality of life ; Easterlin Paradox ; adaptation ; economic growth …
Persistent link: https://www.econbiz.de/10009683272
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009738762
In Happiness for All?, Carol Graham raises disquieting ideas about today's United States. The challenge she puts forward is an important one. Here we review the intellectual case and offer additional evidence. We conclude broadly on the author's side. Strikingly, Americans appear to be in...
Persistent link: https://www.econbiz.de/10011770416
Econometric analyses in the happiness literature typically use subjective well-being (SWB) data to compare the mean of observed or latent happiness across samples. Recent critiques show that com-paring the mean of ordinal data is only valid under strong assumptions that are usually rejected by...
Persistent link: https://www.econbiz.de/10011979193
We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom of choice, absence of corruption, and generosity)...
Persistent link: https://www.econbiz.de/10013431350
This paper extends the transformed maximum likelihood approach for estimation of dynamic panel data models by Hsiao …
Persistent link: https://www.econbiz.de/10009545313
. In particular, the System Generalized Method of Moments (GMM-SYS) procedure is applied to a panel dataset comprised of 17 … ; technology transfer ; panel data ; GMM-SYS …
Persistent link: https://www.econbiz.de/10009729419