Showing 1 - 7 of 7
Amidst the rapid global spread of Covid-19, many governments enforced country-wide lockdowns, with likely severe well-being consequences. The actions by governments triggered a debate on whether the well-being and economic costs of a lockdown surpass the benefits perceived from a lower infection...
Persistent link: https://www.econbiz.de/10012217734
This paper estimates Markov switching models with daily happiness (GNH) data from New Zealand for a period inclusive of the Covid-19 global health pandemic. This helps us understand the dynamics of happiness due to an external shock and provides valuable information about its future evolution....
Persistent link: https://www.econbiz.de/10012224924
Since the start of the Covid-19 pandemic, many governments have implemented lockdown regulations to curb the spread of the virus. Though lockdowns do minimise the physical damage of the virus, there may be substantial damage to population well-being. Using a pooled dataset, this paper analyses...
Persistent link: https://www.econbiz.de/10012236861
The pursuit of happiness. What does that mean? Perhaps a more prominent question to ask is, 'how does one know whether people have succeeded in their pursuit'? Survey data, thus far, has served us well in determining where people see themselves on their journey. However, in an everchanging...
Persistent link: https://www.econbiz.de/10012261877
In this article we describe how well-being changed during 2020 in ten countries, namely Australia, Belgium, France, Germany, Great Britain, Italy, Luxembourg, New Zealand, South Africa, and Spain. Our measure of well-being is the Gross National Happiness (GNH), a country-level index built...
Persistent link: https://www.econbiz.de/10012506437
Happiness levels (states) are volatile and often fluctuate between a happy and unhappy state from one day to the next. The reasons for these shifts are mostly unobservable and not predictable. In this paper, we fit a Marko Switching Dynamic Regression Model (MSDR) to better understand the...
Persistent link: https://www.econbiz.de/10012511363
Social welfare payments (SWP) were designed with policy priority to transfer revenue to vulnerable groups, thereby addressing poverty and inequality. Previous studies have shown that SWPs alleviate poverty, but investigating their effect on well-being is sparse. We investigate the relationship...
Persistent link: https://www.econbiz.de/10012585220