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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/10012391355
This chapter summarizes the latest state of the art in economic research on unemployment and subjective well-being. Outcomes covered are general life satisfaction, affective well-being, and mental health. Special attention is paid to empirical evidence as obtained from popular panel data sets....
Persistent link: https://www.econbiz.de/10012417634
Does the COVID-19 pandemic cause people unhappy? In this study, we use a recent survey from China, Japan, South Korea, Italy, the United Kingdom and the United States to explore this question. We find a relatively large effect: a one per-mille point increase in the incidence of the COVID-19...
Persistent link: https://www.econbiz.de/10012422564
Quality of life and satisfaction with life are of particular importance for individuals as well as for society concerning the "demographic change" with now longer retirement periods. This study will contribute to the life satisfaction discussion and quantifies life satisfaction and pattern of...
Persistent link: https://www.econbiz.de/10011911197
We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility age to the state pension in the Netherlands. We find that the mental effects are heterogeneous by gender and marital status. Retirement of partnered men positively affects...
Persistent link: https://www.econbiz.de/10012140023
In this paper, we test the conventional wisdom in developing countries of 'more children, more happiness' by exploiting …
Persistent link: https://www.econbiz.de/10012152172
The immigrant (foreign-born) population increased by 32 million in total across 37 European countries from 1990 to 2019. Much of this movement was from east to west. Indeed, both the total and foreign-born populations declined in the former Eastern Bloc over this period. Such demographic shifts...
Persistent link: https://www.econbiz.de/10014637523
This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts … household. The relation between happiness gaps and divorce may be due to the fact that couples which are unable to transfer … utility are more at risk than others. It may also be the case that assortative mating in terms of happiness baseline …
Persistent link: https://www.econbiz.de/10008824341
In Sen's Capability Approach (CA) well-being can be defined as the freedom of choice to achieve the things in life which one has reason to value most for his or her personal life. Capabilities are in Sen's vocabulary therefore the real freedoms people have or the opportunities available to them....
Persistent link: https://www.econbiz.de/10009158055
Unemployment causes significant losses in the quality of life. In addition to reducing individual income, it also creates non-pecuniary, psychological costs. We quantify these non-pecuniary losses by using the life satisfaction approach. In contrast to previous studies, we apply Friedman's...
Persistent link: https://www.econbiz.de/10011630069