Showing 1 - 10 of 174
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
Happiness Report from the Gallup World Poll shifted much in response to negative shocks. The HDI has been rising in the last …
Persistent link: https://www.econbiz.de/10014322884
-reported happiness. We relate our empirical findings to existing models of elation, reference dependence, and belief formation. In … motivated beliefs), we provide novel results that extend the literature in four dimensions. First, happiness responds to changes …, expectations affect happiness in a nonlinear way, consistent with Gul's model of disappointment aversion, but contrary to other …
Persistent link: https://www.econbiz.de/10014468278
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
Happiness data--survey respondents' self-reported well-being (SWB)--have become increasingly common in economics …
Persistent link: https://www.econbiz.de/10014372484
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
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 But this empirical regularity has been replaced by a monotonic decrease in illbeing by age.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
We introduce artificial intelligence pricing theory (AIPT). In contrast with the APT's foundational assumption of a low dimensional factor structure in returns, the AIPT conjectures that returns are driven by a large number of factors. We first verify this conjecture empirically and show that...
Persistent link: https://www.econbiz.de/10015072953
In settings where an individual's labor choices are constrained, the inability to work may generate psychosocial harm. This paper presents a causal estimate of the psychosocial value of employment in the Rohingya refugee camps of Bangladesh. We engage 745 individuals in a field experiment with...
Persistent link: https://www.econbiz.de/10012585408
wellbeing metrics - happiness and life satisfaction - is less clear cut. Differences vary over time, location, and with model … in happiness data regarding whether males are happier than females but find little variation by month in unhappiness data … reveal that women's happiness was more adversely affected by the COVID shock than men's, but also that women's happiness …
Persistent link: https://www.econbiz.de/10013172192