The goal of this study is to ask whether investors learn differently from gains (positive news) versus losses (negative news), whether learning performance is better or worse when people are actively investing in a security or passively observing the security’s payoffs, and whether there are...

This paper reviews the evidence of gender effects of globalization in developing economies. It then outlines a set of macroeconomic and trade policies to promote gender equity in the distribution of resources. The evidence suggests that while liberalization has expanded women’s access to...

The happiness literature provides evidence on various factors, other than money, that do seem to contribute to individual happiness. As one explores the produced “happiness economics” literature, it is direct to understand the difficulty to find proper information on developing countries...

Moving is an important decision for any homeowner, requiring one to weigh the familiar comforts of a home and neighborhood against the uncertain potential of a new location. A move decision may be even more challenging for an older person. On the one hand, older people often have a decades-long...

The concern for measuring wellbeing objectively and subjectively is found in modern political philosophy. This study explores objective indicators versus subjective perceptions of human wellbeing in ranking of survey data for districts of Pakistan. Data used for the analysis is ‘The Pakistan...

The lore on whether older Americans move is mixed. While the familiar stereotype is that retirees flock to Florida or Arizona, prior studies have found that their home equity rises modestly over time, suggesting that they tend to stay put. This paper examines moving trends, determinants, and...

The happiness literature provides evidence on various factors, other than money, that do seem to contribute to individual happiness. As one explores the produced “happiness socioeconomics” literature, it is direct to understand the difficulty to find proper information on developing...

This study examines the role of socio-demographic determinants on individual’s level of happiness. Primary survey data on Penang, Malaysia is used for analysis. Based on the findings, being married and Malay are associated with higher probability of feeling very happy or happy. Nevertheless,...

The public health literature focusing on the detrimental effects of social isolation has shown that the quantity of social connections is positively correlated with individual health. Drawing on pooled cross-sectional data, we test this hypothesis on a representative sample of the Italian...

We analyze the large changes in the level and distribution of reported life satisfaction In South Africa from 1993 to 1998, a period spanning the end of apartheid and the creation of a more inclusive democracy. The percentage of black South Africans reporting dissatisfaction with their lives...