Narrow search
Showing 1 - 10 of 1,534
Cover Image
The new stylized facts about income and subjective well-being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2012
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/10010291356
Cover Image
Beyond GDP and back: What is the value-added by additional components of welfare measurement?
Kassenböhmer, Sonja C.; Schmidt, Christoph M. - 2011
Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective...
Persistent link: https://www.econbiz.de/10010274684
Cover Image
Multidimensional well-being at the top: Evidence for Germany
Peichl, Andreas; Pestel, Nico - 2011
nonmaterial quality of life as well as self-reported satisfaction with life as dimensions. We find that one third of the German …-being distribution has decreased over time. Moreover, health as well as life satisfaction contribute quite substantially to …
Persistent link: https://www.econbiz.de/10010282585
Cover Image
Subjective measures of economic well-being and the influence of income uncertainty
Schwarze, Johannes - 2008
: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction …
Persistent link: https://www.econbiz.de/10010268741
Cover Image
Time and income poverty: an interdependent multidimensional poverty approach with German time use diary data
Merz, Joachim; Rathjen, Tim - 2009
Socio-Economic Panel and estimate the substitution by a CES-utility function of general utility/satisfaction. Given this … multinomial logit based on time use diary data of the German Time Use Study 2001/02. One striking result for Germany: the …
Persistent link: https://www.econbiz.de/10010269425
Cover Image
Subjective Well-Being and Relative Deprivation : An Empirical Link
D'Ambrosio, Conchita; Frick, Joachim R. - 2004
concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i …-being depending more on relative satisfaction than on absolute levels of income. This finding holds even after controlling for other …
Persistent link: https://www.econbiz.de/10010272296
Cover Image
Recent advances in the economics of individual subjective well-being
Stutzer, Alois; Frey, Bruno S. - 2010
stimulus to the discourse on individual happiness. Recently this research has also been linked to economics where reported … provides a new possibility for the complementary testing of theories across fields in economics. Third, we inquire how the … insights gained from the study of individual happiness in economics affect public policy. …
Persistent link: https://www.econbiz.de/10010269838
Cover Image
The great happiness moderation
Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - 2012
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10010287588
Cover Image
Economic growth and subjective well-being: reassessing the easterlin paradox
Stevenson, Betsey; Wolfers, Justin - 2008
The Easterlin paradox suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10010268822
Cover Image
Economic history or history of economics? A review essay on Sylvia Nasar's Grand Pursuit: The story of economic genius
Ashenfelter, Orley - 2011
In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is … foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert Heilbroner …
Persistent link: https://www.econbiz.de/10010282450