Showing 1 - 10 of 22
Using two large US surveys, we estimate the effects of unemployment on the subjective well-being of the unemployed and the rest of the population. For the unemployed, the non-pecuniary costs of unemployment are several times as large as those due to lower incomes, while the indirect effect at...
Persistent link: https://www.econbiz.de/10013129126
emotions such as enjoyment and happiness. They are also less likely to report a range of negative experiences, like sadness …
Persistent link: https://www.econbiz.de/10013134585
from money to happiness. I use industry wage differentials as instruments for income. This is based on the idea that at …
Persistent link: https://www.econbiz.de/10013125159
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/10013082770
We study the demand for household water connections in urban Morocco, and the effect of such connections on household welfare. In the northern city of Tangiers, among homeowners without a private connection to the city's water grid, a random subset was offered a simplified procedure to purchase...
Persistent link: https://www.econbiz.de/10013068296
We study quot;habituationquot; to income and to status using individual panel data on the happiness of 7,812 people … living in Germany from 1984 to 2000. Specifically, we estimate a quot;happiness equationquot; defined over several lags of … in status and 52% of one standard deviation in income are associated with similar increases in happiness. In the long …
Persistent link: https://www.econbiz.de/10012776806
strategies, we show that the higher transparency increased the gap in happiness between richer and poorer individuals by 29%, and …
Persistent link: https://www.econbiz.de/10012891316
, poverty, and happiness. For income, we find large increases in income corresponding to retirement benefit increases … indicate smoothing of consumption through savings or other mechanisms. Finally, our limited happiness measures show no …
Persistent link: https://www.econbiz.de/10012757959
unpleasant state. In this paper I review cross-country evidence on happiness and life satisfaction and consider whether these … measures happiness is higher for the more educated, for married people, for those with higher income and for whites and lower …, there is a large body of data on happiness that is unavailable on the U-index. For example, according to happiness research …
Persistent link: https://www.econbiz.de/10012758405
We show that data on satisfaction with life from over 600,000 Europeans are negatively correlated with the unemployment rate and the inflation rate. Our preferred interpretation is that this shows that emotions are affected by macroeconomic fluctuations. Contentment is, at a minimum, one of the...
Persistent link: https://www.econbiz.de/10012759669