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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
heterogeneity in the degree of globalization over time and across countries and regions of the World, as well as within countries …The process of globalization is an international economic order which has led to the progressive integration of the … world economy through the pulling the barrier of trade and greater mobility of factors of production. In addition the …
Persistent link: https://www.econbiz.de/10010267513
Quality of life differences across areas can be measured by differences in real wages where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured. Previous...
Persistent link: https://www.econbiz.de/10010287640
general life satisfaction question, differs between youths living in intact and non-intact families, holding many other …
Persistent link: https://www.econbiz.de/10010261608
The central research question addressed in this paper is how receipt of income support payments affects the well-being of youths. Using 1997-2004 panel data from a nationally representative survey of Australian youths, we attempt to estimate the size of the welfare stigma faced by Australian...
Persistent link: https://www.econbiz.de/10010268198
: 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
Many scholars have argued that once basic needs have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10010319466
paper I review cross-country evidence on happiness and life satisfaction and consider whether these data will likely be … satisfaction data seem able to forecast migration flows. Fourth, happy people are particularly optimistic about the future. Fifth …
Persistent link: https://www.econbiz.de/10010271883
, the sequence of improvements in various aspects of QoL is not always the same from one part of the world to another. And … sometimes, as in the case of happiness and life satisfaction, QoL indicators remain unchanged despite a doubling or more of real …
Persistent link: https://www.econbiz.de/10010268430
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