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People gain utility from occupying a higher ranked position in the income distribution of the reference group. This …
Persistent link: https://www.econbiz.de/10013107253
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life satisfaction falls with both the incidence and intensity of...
Persistent link: https://www.econbiz.de/10013057245
We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life satisfaction falls with both the incidence and intensity...
Persistent link: https://www.econbiz.de/10013026632
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
This paper provides insight on the relationship between obesity and happiness. Using the latest available cross sectional data from Germany (GSOEP 2006), UK (BHPS 2005), and Australia (HILDA 2007). We examine whether there is evidence on the impact of overweight on subjective well being. The...
Persistent link: https://www.econbiz.de/10013147955
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10013101869
A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...
Persistent link: https://www.econbiz.de/10012920504
After the introduction in Section 2, we very briefly sketch out current theoretical and empirical developments in the social sciences. In our view, they all point in the same direction: toward the acute and increasing need for multidisciplinary longitudinal data covering a wide range of living...
Persistent link: https://www.econbiz.de/10014222824
German Abstract: Die Debatte um (andere) Indikatoren zur Messung gesellschaftlicher Wohlfahrt und eines „guten Lebens“ hat in den vergangenen Jahren deutlich an Fahrt aufgenommen. Und das nicht nur auf Bundesebene. Auch auf der Ebene der Bundesländer wächst die Nachfrage nach solchen...
Persistent link: https://www.econbiz.de/10012987293