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Wellbeing, Expectations and Unemployment in Europe
Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2023
variables while it is uncorrelated with life satisfaction. The unemployment rate and the CPI reduce both. We analyze data for 29 … European countries to predict changes in the unemployment rate 12 months ahead using individuals' fears of unemployment in the … presence of country and year fixed effects and lagged unemployment. We also use firms' expectations of future employment, which …
Persistent link: https://www.econbiz.de/10014447326
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From Happiness Data to Economic Conclusions
Benjamin, Daniel J.; Cooper, Kristen B; Heffetz, Ori; … - National Bureau of Economic Research - 2023
Happiness data--survey respondents' self-reported well-being (SWB)--have become increasingly common in economics research, with recent calls to use them in policymaking. Researchers have used SWB data in novel ways, for example to learn about welfare or preferences when choice data are...
Persistent link: https://www.econbiz.de/10014372484
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Adjusting for Scale-Use Heterogeneity in Self-Reported Well-Being
Benjamin, Daniel J.; Cooper, Kristen B; Heffetz, Ori; … - National Bureau of Economic Research - 2023
Analyses of self-reported-well-being (SWB) survey data may be confounded if people use response scales differently. We use calibration questions, designed to have the same objective answer across respondents, to measure dimensional (i.e., specific to an SWB dimension) and general (i.e., common...
Persistent link: https://www.econbiz.de/10014372485
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Harmonizing the Yin and Yang : Gender Disparities in Subjective Well-Being after Retirement in China
Aslim, Erkmen Giray; Chou, Shin-yi; Yu, Han - National Bureau of Economic Research - 2023
China's distinctive demographic landscape, early retirement policies, and deeply ingrained gender norms provide a unique backdrop for investigating gender disparities in retirement and subjective well-being. Drawing upon data from the China Family Panel Studies and leveraging the variation...
Persistent link: https://www.econbiz.de/10014421205
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Happiness Dynamics, Reference Dependence, and Motivated Beliefs in U.S. Presidential Elections
Kimball, Miles S.; Raymond, Collin; Zhou, Jiannan; … - National Bureau of Economic Research - 2024
Collecting and analyzing panel data over the last four U.S. presidential elections, we study the drivers of self-reported happiness. We relate our empirical findings to existing models of elation, reference dependence, and belief formation. In addition to corroborating previous findings in the...
Persistent link: https://www.econbiz.de/10014468278
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Were COVID and the Great Recession Well-being Reducing?
Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2023
We show individuals' reports of subjective well being in Europe did decline in the Great Recession and during the Covid pandemic on most measures and on four bordering countries to Ukraine after the Russian invasion in 2022. However, the movements are not large and are not apparent everywhere....
Persistent link: https://www.econbiz.de/10014322884
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The Midlife Crisis
Giuntella, Osea; McManus, Sally; Mujcic, Redzo; Oswald, … - National Bureau of Economic Research - 2022
This paper documents a longitudinal crisis of midlife among the inhabitants of rich nations. Yet middle-aged citizens in our data sets are close to their peak earnings, have typically experienced little or no illness, reside in some of the safest countries in the world, and live in the most...
Persistent link: https://www.econbiz.de/10013388798
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The Declining Mental Health Of The Young And The Global Disappearance Of The Hump Shape In Age In Unhappiness
Blanchflower, David G.; Bryson, Alex; Xu, Xiaowei - National Bureau of Economic Research - 2024
Across many studies subjective well-being follows a U-shape in age, declining until people reach middle-age, only to rebound subsequently. Ill-being follows a mirror-imaged hump-shape. But this empirical regularity has been replaced by a monotonic decrease in illbeing by age. The reason for the...
Persistent link: https://www.econbiz.de/10014528377
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Recessions, Reeling Markets, and Retiree Well-Being
Coile, Courtney C. - 2010
more severe. A higher unemployment rate around the time of retirement reduces Social Security income for those in the …
Persistent link: https://www.econbiz.de/10012462588
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Work Expectations, Realizations, and Depression in Older Workers
Falba, Tracy A. - 2008
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/10012464212