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The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010280689
The question of whether there is a connection between income and psychological well-being is a long-studied issue … show that adolescents and young adults who report higher life satisfaction or positive affect grow up to earn significantly … higher levels of income later in life. We focus on earnings approximately one decade after the person's well-being is …
Persistent link: https://www.econbiz.de/10010291399
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/10010269451
in Albania. Although parents' migration usually benefits children economically, the lack of parental care may cause … -mainly by fathers - is very relevant in Albania where migration has represented the only viable way to cope with increasing … poverty and the absence of public resources for sustaining households' incomes. Between 1990 and 2005 in Albania 21.7% of …
Persistent link: https://www.econbiz.de/10010269829
The main objective of this paper is to propose a systematic approach to empirically analyse the effect of remittances …), we estimate models in which a measure of subjective well- being is regressed on the level of remittances, and we find a … sizeable positive correlation. The effect of remittances on well-being varies with the socio- economic characteristics of …
Persistent link: https://www.econbiz.de/10010287637
We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for … 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/10010277039
Europe deliver greater satisfaction with political institutions and lead to greater personal happiness. The analysis uses … the level of satisfaction with political and economic institutions and with the education and health systems, whereas the …
Persistent link: https://www.econbiz.de/10010278374
residential mobility relate moving behaviour to the housing and neighbourhood satisfaction and pre-move thoughts of individuals …
Persistent link: https://www.econbiz.de/10010278495
Recently, economists and behavioral scientists have studied the pattern of human well-being over the lifespan. In dozens of countries, and for a large range of well-being measures, including happiness and mental health, well-being is high in youth, falls to a nadir in midlife, and rises again in...
Persistent link: https://www.econbiz.de/10010289973
Many scholars have argued that once basic needs have been met, higher income is no longer associated with higher in … well-being, we find no support for this claim. The relationship between well-being and income is roughly linear-log and …
Persistent link: https://www.econbiz.de/10010319466