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The aim of this study is to test the explanatory power of happiness on survival at the aggregate level. Based on previous findings that psychological stress adversely affects survival and that its effect on survival is more severe for men, this study uses the sex difference in, rather than the...
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An individual's financial situation positively impacts her subjective well-being (SWB) according to the literature. However, most existing studies focus solely on income, neglecting other aspects of an individual's financial situation such as wealth. In this paper, we empirically examine the...
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Empirical evidence supports the hypothesis that an individual’s position in an income stratum—more than the absolute income level—determines subjective well-being. However, studies on subjective well-being suffer from a critical methodological weakness: they use exogenously defined...
Persistent link: https://www.econbiz.de/10014000350
People use social comparisons to reduce uncertainty when facing new or stressful situations. This study explores how a stressful experience, the COVID-19 pandemic, changed how people compare their income. It relates these changes to subjective well-being (SWB). We use a repeated cross-sectional...
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