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most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10013132818
hard economic indicators as used in the literature, especially by GDP and the unemployment rate. This suggests that the …
Persistent link: https://www.econbiz.de/10013130791
Using data drawn from the 2010 American Time Use Survey Well-Being Module, this study examines the relationship between three measures of subjective well-being based on time-use data and an objective measure of well-being. Whereas the measures of affect – net affect and the U-index – are...
Persistent link: https://www.econbiz.de/10013014008
The well-known Easterlin paradox points out that average happiness has remained constant over time despite sharp rises … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … also discuss the relation (or not) between happiness and utility and discuss some non-happiness research (behavioural …
Persistent link: https://www.econbiz.de/10013316988
of choice, absence of corruption, and generosity) identified in the World Happiness Reports and apply Data Envelopment … well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom …
Persistent link: https://www.econbiz.de/10014242743
-being responds negatively (positively) to an increase in the GDP (unemployment rate) of their home country. That is, we originally …
Persistent link: https://www.econbiz.de/10013061434
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that in the course of the...
Persistent link: https://www.econbiz.de/10013110850
concentration of immigrants affect the subjective well-being of the German-born population. Our results suggest the existence of a …
Persistent link: https://www.econbiz.de/10013104941
sectional relation of happiness to GDP per capita. The point-of-time comparison leads to the expectation that the same absolute …Based on point-of-time comparisons of happiness in richer and poorer countries, it is commonly asserted that economic … growth will have a significant positive impact on happiness in poorer countries, if not richer. The time trends of subjective …
Persistent link: https://www.econbiz.de/10012764679
Transition countries is particularly impressive in this respect: average life satisfaction scores closely mirrored changes in GDP …This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of … available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with …
Persistent link: https://www.econbiz.de/10013127954