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Lebenszufriedenheit und Einkommensreichtum : Eine empirische Analyse mit dem SOEP (Life Satisfaction and Income Richness: An Empirical Analysis Based on Data of the German Socioeco...
Hajek, André - 2011
In this study the relation between satisfaction with life and affluent income is analyzed by using cross-sectional and longitudinal data. The data used in this publication were made available by the German Socio Economic Panel Study (SOEP) at the German Institute for Economic Research (DIW...
Persistent link: https://www.econbiz.de/10013128105
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So Far So Good : Age, Happiness, and Relative Income
Fitzroy, Felix R. - 2012
In a simple 2-period model of relative income under uncertainty, higher comparison income for the younger cohort can signal higher or lower expected lifetime relative income, and hence either increase or decrease well-being. With data from the German Socio-Economic Panel and the British...
Persistent link: https://www.econbiz.de/10013113216
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Income Comparisons, Income Adaptation, and Life Satisfaction : How Robust are Estimates from Survey Data?
Pfaff, Tobias - 2013
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly sensitive to simple parameter changes. Using large-scale...
Persistent link: https://www.econbiz.de/10013081629
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Income Comparison, Income Formation, and Subjective Well-Being : New Evidence on Envy versus Signaling
Welsch, Heinz - 2013
Drawing on the distinction between envy and signaling effects in income comparison, this paper uses 307,465 observations for subjective well-being and its covariates from Germany, 1990-2009, to study whether the nature of income comparison has changed in the process of economic development, and...
Persistent link: https://www.econbiz.de/10013082617
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Direct Evidence on Income Comparisons and Subjective Well-Being
Goerke, Laszlo - 2013
Subjective well-being (SWB) is generally argued to rise with relative income. However, direct evidence is scarce on whether and how intensively individuals undertake income comparisons, to whom they relate, and what they perceive their relative income to be. In this paper, novel data with direct...
Persistent link: https://www.econbiz.de/10013083124
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Well-Being over the Life Span : Semiparametric Evidence from British and German Longitudinal Data
Wunder, Christoph - 2009
This paper applies semiparametric regression models using penalized splines to investigate the profile of well-being over the life span. Splines have the advantage that they do not require a priori assumptions about the form of the curve. Using data from the British Household Panel Survey (BHPS)...
Persistent link: https://www.econbiz.de/10013159884
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The Marginal Utility of Income
Layard, Richard - 2008
inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys … (which are based directly on the scale of reported happiness) could be biased upwards if true utility is convex with respect … to reported happiness. We find some evidence of such bias, but it is small - yielding a new estimated elasticity of 1 …
Persistent link: https://www.econbiz.de/10012725445
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Poverty is a Public Bad : Panel Evidence from Subjective Well-Being Data
Welsch, Heinz - 2017
Previous research has found that subjective well-being (SWB) is lower for individuals classified as being in poverty. Using panel data for 39,239 individuals living in Germany from 2005-2013, we show that people's SWB is negatively correlated with the state-level poverty ratio while controlling...
Persistent link: https://www.econbiz.de/10012962683
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Are Retirees More Satisfied? – Anticipation and Adaptation Effects of Retirement on Subjective Well-Being : A Panel Analysis for Germany
Merz, Joachim - 2018
Quality of life and satisfaction with life are of particular importance for individuals as well as for society concerning the “demographic change” with now longer retirement periods. This study will contribute to the life satisfaction discussion and quantifies life satisfaction and pattern...
Persistent link: https://www.econbiz.de/10012909283
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Life Satisfaction of Immigrants : Does Cultural Assimilation Matter?
Angelini, Viola - 2014
We empirically assess the relationship between cultural assimilation and subjective well-being of immigrants by using the German Socio-Economic Panel, a longitudinal dataset including information on both the economic and non economic conditions of the respondents. We find that the more...
Persistent link: https://www.econbiz.de/10013053704