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We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for … vary in religiosity between secular and ultra-orthodox. We find a significant effect of religiosity on happiness. With … respect to Jewish families it is most striking that the impact of family size on both life and financial satisfaction seems to …
Persistent link: https://www.econbiz.de/10013138252
income generally has a statistically significant effect. We find a significant effect of social capital on life satisfaction …
Persistent link: https://www.econbiz.de/10012777916
One definition of social capital is the "networks of relationships among people who live and work in a particular society, enabling that society to function effectively". This definition of social capital highlights two key features. First, it refers to connections between people, shifting our...
Persistent link: https://www.econbiz.de/10012829921
It has been shown in past research that unemployment has a large negative impact on subjective well-being of individuals. In this paper, I explore whether and to what extent people with more social capital are sheltered from the harmful effects of unemployment. Using data from the German...
Persistent link: https://www.econbiz.de/10013317405
This paper argues, in line with the proposals of the recent Stiglitz Commission on the Measurement of Economic Performance and Social Progress, that we should now be measuring a nation's emotional prosperity rather than its economic prosperity (that is, we ought to focus on the level of mental...
Persistent link: https://www.econbiz.de/10013131980
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
expenditures. Impacts on subjective well-being are complex, with mental health improving but happiness declining, self …
Persistent link: https://www.econbiz.de/10013099692
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … addition to the Easterlin paradox, which states that the time trend in average happiness is flat during episodes of long …-run income growth. This mean-preserving declining spread in happiness comes about via falls in both the share of individuals who …
Persistent link: https://www.econbiz.de/10013099799
. These conclusions are suggested by an analysis of a wide range of evidence on happiness in countries throughout the world … employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not … only in higher income nations but also in countries that account for most of the population of the less-developed world …
Persistent link: https://www.econbiz.de/10013085480
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10013088664