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Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis
Praag, Bernard M.S. van - Institute for the Study of Labor (IZA) - 2007
After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...
Persistent link: https://www.econbiz.de/10005762324
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Putting different price tags on the same health condition: Re-evaluating the well-being valuation approach
Powdthavee, Nattavudh; van den Berg, Bernard - 2011
Many recent writings in health policy have proposed that health be valued directly and in monetary terms using the new well-being valuation method. Yet there is currently no clear consensus on what the best measure of individual's experience may be for the evaluation process. To shed light on...
Persistent link: https://www.econbiz.de/10010278781
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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
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Identity-driven Cooperation versus Competition
Snower, Dennis J.; Bosworth, Steven J. - 2016
This paper seeks to extend the domain of identity economics by exploring motivational foundations of in-group cooperation and out-group competition. On this basis, we explore the reflexive interaction between individual economic decisions and social identities in response to technological change...
Persistent link: https://www.econbiz.de/10011479223
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Happiness, habits and high rank: Comparisons in economic and social life
Clark, Andrew E. - 2011
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
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Objective confirmation of subjective measures of human well-being: evidence from the USA
Oswald, Andrew J.; Wu, Stephen - 2010
-2008 Behavioral Risk Factor Surveillance System random sample of 1.3 million United States citizens. Life-satisfaction in each U …, using solely non-subjective data, in a literature from economics (so-called 'compensating differentials' neoclassical theory …
Persistent link: https://www.econbiz.de/10010269621
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Subjective well-being and relative poverty in rural Bangladesh
Asadullah, Niaz; Chaudhury, Nazmul - 2012
own household income, respondents report higher satisfaction levels when they experience an increase in their income over … also report less satisfaction with life. At the same time, our evidence suggests that relative wealth effect is stronger … for the rich. Similarly, in villages with higher inequality, individuals report less satisfaction with life. However, when …
Persistent link: https://www.econbiz.de/10010282155
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Jacob Mincer, Experience and the Distribution of Earnings
Chiswick, Barry R. - 2003
This paper reviews Jacob Mincer?s contributions to the analyses of earnings and the distribution of earnings through his pioneering focus on labor market experience or on-the-job training. It begins with a brief discussion of the theoretical literature on the distribution of earnings in the...
Persistent link: https://www.econbiz.de/10010261574
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Happiness and financial satisfaction in Israel: Effects of religiosity, ethnicity, and war
van Praag, Bernard M. S.; Romanov, Dmitri; … - 2010
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
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The French unhappiness puzzle: The cultural dimension of happiness
Senik, Claudia - 2011
This article sheds light on the important differences in self-declared happiness across countries of equivalent affluence. It hinges on the different happiness statements of natives and immigrants in a set of European countries to disentangle the influence of objective circumstances versus...
Persistent link: https://www.econbiz.de/10010286851