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Does it matter how happiness is measured? Evidence from a randomized controlled experiment
Studer, Raphael - 2011
A continuous and a discrete rating scale were implemented for a single item happiness question in a representative … superiority of the continuous scale. Results raise doubts about earlier inferences drawn on correlates of happiness. So far only … self-assessed discrete happiness data have been used for research into the determinants of happiness. However, distribution …
Persistent link: https://www.econbiz.de/10010316886
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Income and happiness: New results from generalized threshold and sequential models
Boes, Stefan; Winkelmann, Rainer - 2004
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, 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
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Parental separation and well-being of youths
Winkelmann, Rainer - 2003
This paper uses recent data for Germany and a new outcome variable to assess the consequences of parental separation on the well-being of youths. In particular, it is considered how subjective well-being, elicited from an ordinal 11-point general life satisfaction question, differs between...
Persistent link: https://www.econbiz.de/10010315518
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Traffic accident experience and subjective well-being
Andrén, Daniela; Tapper, Erik Johansson - 2022
In this paper we aim to use a posteriori approach to estimate the monetary compensation that would keep the individual's subjective well-being unchanged after experiencing traffic accidents. The coefficients of the life satisfaction equation, estimated with Swedish data collected in May 2020,...
Persistent link: https://www.econbiz.de/10013426307
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Relative status and satisfaction
Boes, Stefan; Staub, Kevin E.; Winkelmann, Rainer - 2008
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...
Persistent link: https://www.econbiz.de/10010315482
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Hedonic adaptation to living standards and the hidden cost of parental income
Boes, Stefan; Staub, Kevin; Winkelmann, Rainer - 2007
High parental income, while undeniably causing benefits for a child in terms of better access to education and more favorable labor market outcomes, may at the same time increase a child's income aspirations and thereby reduce financial satisfaction, ceteris paribus. In this paper, we...
Persistent link: https://www.econbiz.de/10010315544
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Subjective well-being and the family: Results from an ordered probit model with multiple random effects
Winkelmann, Rainer - 2004
The previous literature on the determinants of individual well-being has failed to fully account for the interdependencies in well-being at the family level. This paper develops an ordered probit model with multiple random effects that allows to identify the intrafamily correlation in...
Persistent link: https://www.econbiz.de/10010315600
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Stress and incentives at work
Cottini, Elena; Ghinetti, Paolo; Iossa, Elisabetta; … - 2021
An extensive medical and occupational-health literature finds that an imbalance between effort and reward is an important stressor which produces serious health consequences. We incorporate these effects in a simple agency model with moral hazard and limitecl liability, and study their impact on...
Persistent link: https://www.econbiz.de/10012609093
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Valuing depression using the well-being valuation approach
Andrén, Daniela - 2020
The continuously dramatic increase of the number of people suffering from depression attracts an increasing demand for effective ways of preventing depression. Without the need for new interventions, there is also a continuous call for a more robust framework for economic evaluation of public...
Persistent link: https://www.econbiz.de/10012654468
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Heterogeneity in the relationship between unemployment and subjective well-being: A quantile approach
Binder, Martin; Coad, Alex - 2014
Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper …
Persistent link: https://www.econbiz.de/10010513038