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ongoing discussion of the relationship between life satisfaction and income. The panel property of the data makes it possible … to study also the impact on satisfaction from income changes as well as the impact from acceleration in income and … the impact on self-reported satisfaction from a number of economic and demographic variables. The paper contributes to the …
Persistent link: https://www.econbiz.de/10013154979
While there is mounting evidence that large income shocks, e.g. in the form of a job loss, may impact health and … income constant, and health. This paper exploits rich survey data on the near-elderly in Canada paired with their … mortality, little evidence exist on the potential relationship between sustained income volatility, keeping average lifetime …
Persistent link: https://www.econbiz.de/10012857829
-described by four domains: job or daily activities, social contacts and family, health, and income. Among the four domains, social … contacts and family have the highest impact on global life satisfaction, followed by job and daily activities and health …We analyze the determinants of global life satisfaction in two countries (The Netherlands and the U.S.), by using both …
Persistent link: https://www.econbiz.de/10012764664
in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … oneself in the past (habituation). We review the evidence on relative income from the subjective well-being literature. We …
Persistent link: https://www.econbiz.de/10013316988
We explore how involuntary and voluntary exits from self-employment affect life and health satisfaction. To that end …-employment exit) brings small improvements in health and life satisfaction, the negative psychological costs of business failure (i … physical health and behaviors such as smoking and drinking, implying that the costs of losing self-employment are largely …
Persistent link: https://www.econbiz.de/10012835267
This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these … health shocks are quasi-randomly assigned. A fixed-effects difference-in-differences approach estimates a negative and …
Persistent link: https://www.econbiz.de/10013122678
income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …
Persistent link: https://www.econbiz.de/10013155599
The first objective of our paper is to identify the determinants of income satisfaction in Spain, with one of these … being relative deprivation, and the second is to measure this relative deprivation, in both monetary and satisfaction terms … satisfaction measures depend on relative deprivation, as well as on other determinants. As for the second objective, we first …
Persistent link: https://www.econbiz.de/10012777095
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10012911198
Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is … polarization effects of parental child care where compensation/substitution of time for parental child care versus income is … multidimensional polarization intensity information for the poor and the rich and disentangles the single time and income contribution …
Persistent link: https://www.econbiz.de/10012870361