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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
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The life satisfaction approach to environmental valuation
Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - 2009
individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …
Persistent link: https://www.econbiz.de/10010271282
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Money Doesn?t Buy Happiness ... Or Does It? : A Reconsideration Based on the Combined Effects of Wealth, Income and Consumption
Headey, Bruce; Muffels, Ruud; Wooden, Mark - 2004
countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain … significant, though not large, changes in satisfaction levels. …
Persistent link: https://www.econbiz.de/10010261968
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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
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International evidence on well-being
Blanchflower, David G. - 2008
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
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Heterogeneity in subjective wellbeing: An application to occupational allocation in Africa
Falco, Paolo; Maloney, William F.; Rijkers, Bob; … - 2012
small firm informal sector: there is not a robust average satisfaction premium for formal work vis a vis self-employment or … distribution of satisfaction across sectors. The results are robust to the inclusion of fixed effects, and using alternate measures … of satisfaction. Job characteristics, self-perceived autonomy and experimentally elicited measures of attitudes toward …
Persistent link: https://www.econbiz.de/10010291445
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A Happy Choice: Wellbeing as the Goal of Government
Frijters, Paul; Clark, Andrew E.; Krekel, Christian; … - 2019
In this article, we lay out the basic case for wellbeing as the goal of government. We briefly review the history of this idea, which goes back to the ancient Greeks and was the acknowledged ideal of the Enlightenment. We then discuss possible measures on which a wellbeing orientation could be...
Persistent link: https://www.econbiz.de/10012179913
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Were COVID and the Great Recession Well-Being Reducing?
Blanchflower, David G.; Bryson, Alex - 2023
slightly after 2020 as life expectancy dipped. This secular improvement is mirrored in life satisfaction which has been rising …
Persistent link: https://www.econbiz.de/10014377258
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Climbing up Ladders and Sliding down Snakes: An Empirical Assessment of the Effect of Social Mobility on Subjective Wellbeing
Dolan, Paul; Lordan, Grace - 2019
. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute … movements in income. We find that relative income mobility is a significant predictor of life satisfaction and mental health …
Persistent link: https://www.econbiz.de/10012141156
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How Threatening Are Transformations of Happiness Scales to Subjective Wellbeing Research?
Kaiser, Caspar F.; Vendrik, Maarten C.M. - 2020
Two recent papers argue that many results based on ordinal reports of happiness can be reversed with suitable monotonic increasing transformations of the associated happiness scale (Bond and Lang 2019; Schröder and Yitzhaki 2017). If true, empirical research utilizing such reports is in trouble....
Persistent link: https://www.econbiz.de/10012497806