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stress susceptibility. We test our predictions using the 2015 wave of the European Working Condition Survey. We find that … individuals who are more susceptible to stress work harder and have lower subjective well-being. …
Persistent link: https://www.econbiz.de/10012609093
income measures (such as after-tax income) in both 1999 and 2005. The median household's economic well-being was lower in …
Persistent link: https://www.econbiz.de/10010281720
This paper presents a comparative analysis of the approaches to poverty based on income and wealth that have been … proposed in the literature. Two types of approaches are considered: those that look at income and wealth separately when … argue that the higher correlation between income and wealth in the United States contributes to explaining the greater …
Persistent link: https://www.econbiz.de/10010286491
to assess the cost of depression in monetary terms is the well-being valuation method or the life satisfaction approach … interventions aimed to prevent depression and estimated that the loss in life satisfaction for individuals who directly and …
Persistent link: https://www.econbiz.de/10012654468
's subjective well-being unchanged after experiencing traffic accidents. The coefficients of the life satisfaction equation … experience and life satisfaction. This result is in line with the extensive empirical research on hedonic adaptation that … individuals' life satisfaction unchanged when experiencing, directly or indirectly, a traffic accident. …
Persistent link: https://www.econbiz.de/10013426307
these findings by examining the heterogeneous unemployment effects over the quantiles of satisfaction with various life …
Persistent link: https://www.econbiz.de/10010513038
Behavioral economics has shown that individuals sometimes make decisions that are not in their best interests. This insight has prompted calls for behaviorally informed policy interventions popularized under the notion of "libertarian paternalism." This type of "soft" paternalism aims at helping...
Persistent link: https://www.econbiz.de/10010513061
Work and life satisfaction depends on a number of pecuniary and nonpecuniary factors at the workplace and determines …
Persistent link: https://www.econbiz.de/10010513072
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the … probability effects by design, and therefore limit the analysis of distributional aspects of a change in income, that is, the … study of whether the income effect depend on a person's happiness. In this paper we pinpoint the shortcomings of standard …
Persistent link: https://www.econbiz.de/10010315474
This paper investigates the relationship between income satisfaction of adult children and their relative economic … status, using data from the German Socio-Economic Panel and income rank as an indicator of status. The results show that … children appear to compare their actual economic status with that of their parents, deriving large satisfaction gains from an …
Persistent link: https://www.econbiz.de/10010315482