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The New Stylized Facts about Income and Subjective Well-Being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - CESifo - 2013
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10010877842
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The New Stylized Facts about Income and Subjective Well-Being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2012
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10010635588
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2010
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10008684672
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The New Stylized Facts About Income and Subjective Well-Being
Wolfers, Justin; Sacks, Daniel W.; Stevenson, Betsey - Crawford School of Public Policy, Australian National … - 2013
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10011186031
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The New Stylized Facts About Income and Subjective Well-Being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2013
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10011083711
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Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox
Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2008
The "Easterlin paradox" suggests that there is no link between a society’s economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10005667028
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Upward Social Mobility, Well-being and Political Preferences: Evidence from the BHPS
Clark, Andrew E.; D'Angelo, Emanuela - Centre for Economic Performance, LSE - 2013
relative to one's parents on job and life satisfaction, preferences for redistribution, pro-public sector attitudes and voting …
Persistent link: https://www.econbiz.de/10010722843
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Economic Satisfaction and Income Rank in Small Neighbourhoods
Clark, Andrew E.; Kristensen, Nicolai; … - Nationalökonomisk Institut, Institut for Økonomi - 2008
neighbourhoods. This income information is matched to demographic and economic satisfaction variables from eight years of Danish ECHP … data. Panel regression analysis shows that, conditional on own household income, respondents report higher satisfaction … marginal effect in satisfaction terms. …
Persistent link: https://www.econbiz.de/10004961401
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Economic satisfaction and income rank in small neighbourhoods
Clark, Andrew E.; Kristensen, Nicolai; … - HAL - 2008
neighbourhoods. This income information is matched to demographic and economic satisfaction variables from eight years of Danish ECHP … data. Panel regression analysis shows that, conditional on own household income, respondents report higher satisfaction … a large marginal effect in satisfaction terms. …
Persistent link: https://www.econbiz.de/10010738934
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Never the same after the first time: The satisfaction of the second-generation self-employed
Clark, Andrew E.; Colombier, Nathalie; Masclet, David - HAL - 2008
Previous empirical work has shown that the self-employed are generally more satisfied than salaried workers. This paper contributes to the existing literature in two ways. First, using French data from the ECHP and British data from the BHPS, we investigate the domains over which this...
Persistent link: https://www.econbiz.de/10010739085