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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
This paper describes the findings from a new, and intrinsically interdisciplinary, literature on happiness and human …
Persistent link: https://www.econbiz.de/10013131673
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of … inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies … among individuals. Its correlation with both happiness levels and social trust is substantially stronger than the …
Persistent link: https://www.econbiz.de/10013000535
Durkheim's famous study of suicide is a precursor of a large contemporary literature that investigates the links between religion and health. The topic is particularly germane for the health of women and of the elderly, who are much more likely to be religious. In this paper, I use data from the...
Persistent link: https://www.econbiz.de/10013156862
countries, we show that prosocial spending is consistently associated with greater happiness. To test for causality, we conduct …, causal impact on happiness. In contrast to traditional economic thought--which places self-interest as the guiding principle …
Persistent link: https://www.econbiz.de/10012940578
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
of adults from 132 countries. I analyze the data on life satisfaction (happiness) and on health satisfaction and look at … their relationships with national income, age, and life-expectancy. Average happiness is strongly related to per capita … inconsistent relationship with happiness. National income moderates the effects of aging on self-reported health, and the decline …
Persistent link: https://www.econbiz.de/10012759901
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
Strong versions of the set point hypothesis argue that subjective well-being measures reflect each individual's own personality and that deviations from that set point will tend to be short-lived, rendering them poor measures of the quality of life. International migration provides an excellent...
Persistent link: https://www.econbiz.de/10012983665
are typically concentrated towards the lower end of any national distribution of happiness. Thus the resilience …
Persistent link: https://www.econbiz.de/10012986285