Showing 1 - 10 of 1,695
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …
Persistent link: https://www.econbiz.de/10012942102
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
We use personality traits to better understand the relationship between income and life satisfaction. Personality … traits mediate the effect of income on life satisfaction. The effect of neuroticism, which measures sensitivity to threat and … than unity, so that the gap between aspired and realized income increases with aspirations. From the estimation of this …
Persistent link: https://www.econbiz.de/10013028170
-being in China over the period 2005-2010 during which self-reported happiness scores show an increase across all income groups … conditional on having the same income, there is no rural-urban happiness gap. Our results suggest that while further decline in …. Ordered probit regression analysis of well-being reveals large influence of gender, rural residency and household income …
Persistent link: https://www.econbiz.de/10013001231
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
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
While there is mounting evidence that large income shocks, e.g. in the form of a job loss, may impact health and … mortality, little evidence exist on the potential relationship between sustained income volatility, keeping average lifetime … income constant, and health. This paper exploits rich survey data on the near-elderly in Canada paired with their …
Persistent link: https://www.econbiz.de/10012857829
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …
Persistent link: https://www.econbiz.de/10013044420
decades for Russia. We found no adaption to vulnerability for life satisfaction and subjective wealth, with longer … satisfaction with own economic conditions, work contract, job, pay, and career. Some evidence indicates that despite little … differences between urban and rural areas with life satisfaction, rural areas exhibit a stronger lack of adaptation for subjective …
Persistent link: https://www.econbiz.de/10012838489
German SOEP micro data. Besides income as traditional indicator for material well-being, we include health as a proxy for … nonmaterial quality of life as well as self-reported satisfaction with life as dimensions. We find that one third of the German … distribution of income has become more concentrated at the top, the concentration at the top of the multidimensional well …
Persistent link: https://www.econbiz.de/10013117616