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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
This paper uses both subjective well-being and survey experimental data to analyze how people's positional concerns regarding income and goods vary with age. The subjective well-being approach is mainly based on German panel data for the period 1984-2009 (German Socio-Economic Panel), while the...
Persistent link: https://www.econbiz.de/10010282219
data, we compare people's forecast of their life satisfaction in five years' time to their actual realisations later on … prediction errors that are at least partly driven by unforeseen adaptation. …
Persistent link: https://www.econbiz.de/10011307463
This paper addresses the question of when and to what extent individuals are affected by major positive and negative life events, including changes in financial situation, marital status, death of child or spouse and being a victim of crime. The key advantage of our data is that we are able to...
Persistent link: https://www.econbiz.de/10010268786
reference to measure the degree of adaptation to widowhood. In the second step, the life satisfaction trajectories of both … would benefit women. Using life satisfaction data from the German Socio-Economic Panel Study (SOEP), we conduct an empirical … generate a control group of non-widowed women. The average level of life satisfaction in the control group serves as a …
Persistent link: https://www.econbiz.de/10010269404
: 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
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
. While Russia is undergoing transition to a market economy, we find ample evidence that compensating differentials for …
Persistent link: https://www.econbiz.de/10010261613
-quality panel data from the German Socio-Economic Panel. We also contribute to the rapidly growing literature on life satisfaction …-economic characteristics (with the exception of age) combined. Individuals with a high level of life satisfaction when initially interviewed … explanatory power in predicting future mortality and is therefore a useful measure of morbidity. Finally, we suggest that the …
Persistent link: https://www.econbiz.de/10010274096
Male life expectancy at birth fell by over six years in Russia between 1989 and 1994. Many other countries of the … survey data, we assess six possible explanations for this upsurge in mortality. Most find little support in the data: the … mortality rates. The two factors that do appear to be important are alcohol consumption, especially as it relates to external …
Persistent link: https://www.econbiz.de/10010262196