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What childhood characteristics predict psychological resilience to economic shocks in adulthood?

Powdthavee, Nattavudh - In: Journal of Economic Psychology 45 (2014) C, pp. 84-101

This paper investigates whether people’s psychological resilience to one of the most important economic shocks – job loss – can be predicted using early childhood characteristics. Using a longitudinal data that tracked almost 3000 children into adulthood, we showed that the negative effect...

Persistent link: https://www.econbiz.de/10011117225

Balancing ‘full life’: An economic approach to the route to happiness

Prinz, Aloys; Bünger, Björn - In: Journal of Economic Psychology 33 (2012) 1, pp. 58-70

This paper presents a formalization and modification of Martin Seligman’s concept of full life, employing basic microeconomics. A class of Stone–Geary utility functions is proposed as an analytical tool for scrutinizing individual decision making with respect to a pleasant, engaged and...

Persistent link: https://www.econbiz.de/10011051358

What do happiness and health satisfaction data tell us about relative risk aversion?

Gandelman, Néstor; Hernández-Murillo, Rubén - In: Journal of Economic Psychology 39 (2013) C, pp. 301-312

In this paper we provide estimates of the coefficient of relative risk aversion using information on self-reports of subjective personal well-being from multiple datasets, including three cross-sectional surveys and two panel surveys, namely the Gallup World Poll, the European Social Survey, the...

Persistent link: https://www.econbiz.de/10011051396

Do private and public transfers received affect life satisfaction? Evidence from Romania

Mitrut, Andreea; Wolff, François-Charles - In: Journal of Economic Psychology 32 (2011) 6, pp. 969-979

This paper uses Romanian survey data to investigate the determinants of individual life and financial satisfaction, with an emphasis on the role of public and private transfers received. A possible concern is that these transfers are unlikely to be exogenous to satisfaction. We use recursive...

Persistent link: https://www.econbiz.de/10010577288

Who benefits from labor market institutions? Evidence from surveys of life satisfaction

Ochsen, Carsten; Welsch, Heinz - In: Journal of Economic Psychology 33 (2012) 1, pp. 112-124

This paper investigates the welfare effects of labor market institutions, placing an emphasis on how the institutions’ effects are differentiated by socio-demographic subgroups. We study how life satisfaction is affected by employment protection and the level and duration of unemployment...

Persistent link: https://www.econbiz.de/10010577296

‘Paradoxical’ decline? Another look at the relative reduction in female happiness

Herbst, Chris M. - In: Journal of Economic Psychology 32 (2011) 5, pp. 773-788

experienced an absolute and relative decline in happiness. The current paper draws upon novel data from the DDB Needham Life Style …

Persistent link: https://www.econbiz.de/10010577311

Sports participation and happiness: Evidence from US microdata

Huang, Haifang; Humphreys, Brad R. - In: Journal of Economic Psychology 33 (2012) 4, pp. 776-793

We investigate the relationship between participation in physical activity and self reported happiness in the United … participate in physical activity and also report higher life satisfaction. Both men and women gain happiness from participation …

Persistent link: https://www.econbiz.de/10010617625

Reversing the question: Does happiness affect consumption and savings behavior?

Guven, Cahit - In: Journal of Economic Psychology 33 (2012) 4, pp. 701-717

satisfaction or happiness) lead to changes in consumption and savings behavior? The paper uses regional sunshine as an instrument … for personal happiness using the Dutch Household Survey from the Netherlands. Sunshine improves happiness significantly …. Instrumenting happiness with sunshine, happier people are found to save more, spend less, and have a lower marginal propensity to …

Persistent link: https://www.econbiz.de/10010617626

Technological affluence and subjective well-being

Kavetsos, Georgios; Koutroumpis, Pantelis - In: Journal of Economic Psychology 32 (2011) 5, pp. 742-753

This study measures the welfare effects of technological goods using a recent European pooled cross-sectional dataset. We find that fixed and mobile phones, music players and personal computers, including those with an Internet connection, are associated with significantly higher levels of...

Persistent link: https://www.econbiz.de/10010573768