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: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction … income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study … with income is more affected by ex ante than by ex post volatility of income. The ordinal version of the Van Praag approach …
Persistent link: https://www.econbiz.de/10011634082
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … per capita and life satisfaction in either country (controlling for a variety of variables). Together with the evidence … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …
Persistent link: https://www.econbiz.de/10009747819
variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10009747812
satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …
Persistent link: https://www.econbiz.de/10010252812
satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …: for a given number of years in poverty, satisfaction is lower when the years are linked together. As such, poverty …
Persistent link: https://www.econbiz.de/10010493169
income, demographics and social capital. The increase in social capital predicts the largest positive change in subjective … well-being. Income growth, also predicts a substantial change in subjective well-being, but it is compensated for about … three fourths by the joint negative predictions due to income comparison and income adaptation. Finally, we find that aging …
Persistent link: https://www.econbiz.de/10009389112
disposable income and a gain of leisure time - and the psychological (and cultural) notion of the lonely, sad empty nester. This … conflict is an empirical question and here it is resolved via an assessment of the change in life satisfaction that is reported … goes on to do: The found reduced life satisfaction seems to be wholly moderated if the last child leaves the nest for the …
Persistent link: https://www.econbiz.de/10012430246
We investigate the role of individual labor income as moderator of the parental subjective well-being trajectories … around the first childbirth. By analyzing the German Socioeconomic Panel Survey data, we find that high-income parents enjoy … their first child less than low-income ones. In a low fertility country such as Germany, income seems therefore to matter …
Persistent link: https://www.econbiz.de/10011823060
Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is … polarization effects of parental child care where compensation/substitution of time for parental child care versus income is … multidimensional polarization intensity information for the poor and the rich and disentangles the single time and income contribution …
Persistent link: https://www.econbiz.de/10011975532
In this study the relation between satisfaction with life and affluent income is analyzed by using cross-sectional and … effects social treadmill has on life satisfaction for humans with high income. A key result of the fixed-effect-regression is … the following: There is a significant effect relative income has on the contentment with life for affluent people, whereas …
Persistent link: https://www.econbiz.de/10008936444