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Economics ignores the possibility of hedonic adaptation (the idea that people bounce back from utility shocks). This paper argues that economists are wrong to do so. It provides longitudinal evidence that individuals who become disabled go on to exhibit recovery in mental wellbeing. Adaptation...
Persistent link: https://www.econbiz.de/10003411731
institutional context. We find that parental unemployment is strongly negatively related to children's life satisfaction across …
Persistent link: https://www.econbiz.de/10012295227
decades for Russia. We found no adaption to vulnerability for life satisfaction and subjective wealth, with longer … satisfaction with own economic conditions, work contract, job, pay, and career. Some evidence indicates that despite little … differences between urban and rural areas with life satisfaction, rural areas exhibit a stronger lack of adaptation for subjective …
Persistent link: https://www.econbiz.de/10012193738
The literature on Happiness and Subjective Well-Being (SWB) has been dominated by studies of the impact from income and labour market status - and the impact on happiness from changes in these determinants. It seems obvious to expect an impact from non-economic factors as well. In the present...
Persistent link: https://www.econbiz.de/10010358765
There is mixed evidence in the existing literature on whether children are associated with greater subjective well-being, with the correlation depending on which countries and populations are considered. We here provide a systematic analysis of this question based on three different datasets:...
Persistent link: https://www.econbiz.de/10011457380
Recent studies have found that self-reported life satisfaction drops during the transition into parenthood which has … alleviate this drop in parental life satisfaction during this period. A fixed-effects analysis in an event study framework using … part-time jobs (0-20 hours per week) exhibit greater life satisfaction than mothers who work full-time, especially when …
Persistent link: https://www.econbiz.de/10012290837
We examine the differential effects of Covid-19 and related restrictions on individuals with dependent children in Germany. We specifically focus on the role of school and day care center closures, which may be regarded as a "disruptive exogenous shock" to family life. We make use of a novel...
Persistent link: https://www.econbiz.de/10012257963
Is wellbeing higher if the same number of negative events is spread out rather than bunched in time? Should positive events be spread out or bunched? We answer these questions exploiting quarterly data on six positive and twelve negative life events in the Household, Income and Labour Dynamics...
Persistent link: https://www.econbiz.de/10012180363
Antidepressants as a commodity have been remarkably little-studied by economists. This study shows in new data for 27 European countries that 8% of people (and 10% of those middle-aged) take antidepressants each year. The probability of antidepressant use is greatest among those who are...
Persistent link: https://www.econbiz.de/10009309631
satisfaction ; quality of life ; Easterlin Paradox ; adaptation ; economic growth …
Persistent link: https://www.econbiz.de/10009683272