Showing 1 - 9 of 9
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
In Happiness for All?, Carol Graham raises disquieting ideas about today's United States. The challenge she puts … citizens have downwardly trended happiness levels. There is, however, one bright side to an otherwise dark story. The happiness …
Persistent link: https://www.econbiz.de/10012941963
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
We explore the impact on depressive symptoms of deviation in actual labor force behavior at age 62 from earlier expectations. Our sample of 4,241 observations is drawn from the Health and Retirement Study (HRS). We examine workers who were less than 62 years of age at the 1992 HRS baseline, and...
Persistent link: https://www.econbiz.de/10012769532
We show that, without strong auxiliary assumptions, it is impossible to rank groups by average happiness using survey …-to-Opportunity increases happiness, men have become happier relative to women, and an Easterlin paradox exists depends on whether happiness is …
Persistent link: https://www.econbiz.de/10013057415
help to restore to economics the breadth of purpose and methods it had two centuries ago, when happiness was considered the …
Persistent link: https://www.econbiz.de/10013234658
This chapter uses happiness data to assess the quality of government. Our happiness data are drawn from the Gallup … national happiness, but democratic quality is not. We also analyze other quality of government indicators. Confidence in … government is correlated with happiness, however forms of democracy and government spending seem not. We further discuss three …
Persistent link: https://www.econbiz.de/10013322663
We replicate nine key results from the happiness literature: the Easterlin Paradox, the ‘U-shaped' relation between … happiness and age, the happiness trade-off between inflation and unemployment, cross-country comparisons of happiness, the … impact of the Moving to Opportunity program on happiness, the impact of marriage and children on happiness, the ‘paradox' of …
Persistent link: https://www.econbiz.de/10012914253
This paper examines the impact of late-career investment returns and job loss on subsequent retiree well-being. Specifically, we explore whether there is a link between the income of retirees aged 70 to 79 and the stock market and labor market conditions that existed around the time of their...
Persistent link: https://www.econbiz.de/10013142294