Showing 1 - 10 of 414
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 important emotions that central banks should focus on. More ambitiously …
Persistent link: https://www.econbiz.de/10012465017
Work in positive psychology decomposes hope into aspirations, agency, and pathways. Operating in the context of an economic model developed with this framework, we review the literature on hope from philosophy, theology, psychology, and its relationship to emerging work on aspirations in...
Persistent link: https://www.econbiz.de/10012456019
In this paper we estimate the size of weekend effects for seven emotions and then explore their main determinants for … weekend effects exist for all emotions, and that these effects are not explained by sample selection bias. Full-time workers … have a larger weekend effects than do part- time workers for all emotions except sadness, for which weekend effects are …
Persistent link: https://www.econbiz.de/10012457294
This paper provides new evidence in support of the idea that bouts of optimism and pessimism drive much of US business cycles. In particular, we begin by using sign-restriction based identification schemes to isolate innovations in optimism or pessimism and we document the extent to which such...
Persistent link: https://www.econbiz.de/10012461007
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 … happiness and life satisfaction in recent years even before the onset of pandemic. As in the past they continue to have lower … in happiness data regarding whether males are happier than females but find little variation by month in unhappiness data …
Persistent link: https://www.econbiz.de/10013172192
lower life satisfaction and more pessimism about the future at age 50. Taken together, these results suggest social …
Persistent link: https://www.econbiz.de/10012794615
additional evidence from an array of attitudinal questions that were worded slightly differently than standard happiness or life … satisfaction questions such as satisfaction with an individual's financial situation. Averaging across the 257 individual country … estimates for advanced countries gives a similar minimum of 47.2. The happiness curve is everywhere …
Persistent link: https://www.econbiz.de/10012479165
I examine the relationship between unhappiness and age using data from six well-being data files on nearly ten million respondents across forty European countries and the United States. I use fifteen different individual characterizations of unhappiness including despair; anxiety; loneliness;...
Persistent link: https://www.econbiz.de/10012479166
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/10012479363