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Markov switching models for happiness during apandemic : the New-Zealand experience

Rossouw, Stephanie; Greyling, Talita; Adhikari, Tamanna; … - 2020

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 … states of happiness and estimate the duration in these states. In addition, as maximising happiness is a policy priority, we …

Persistent link: https://www.econbiz.de/10012225688

Does retirement lead to life satisfaction? : causal evidence from fixed effect instrumental variable models

Ha Trong Nguyen; Mitrou, Francis; Taylor, Catherine L.; … - 2020

This paper presents robust evidence that retirement causally improves overall life satisfaction which is subsequently explained by improvements in satisfaction with one’s financial situation, free time, health, and participation in local community activities. Furthermore, while the positive...

Persistent link: https://www.econbiz.de/10012220236