Showing 1 - 10 of 153
asked to value on a finite scale their satisfaction with their own lives, a question that psychologists have long and often … have been using thismeasure of self-reported satisfaction as a proxy for utility so as to contribute to a better … understanding of individuals’ tastes and hopefully behavior. By means of satisfaction questions we can elicit information on …
Persistent link: https://www.econbiz.de/10009756958
satisfaction with life to the same extent as a change in health satisfaction would do. In other words, we estimate the income … equivalent of health changes. Next, the health satisfaction changes are linked to specific diseases in order to estimate the … income equivalent for various diseases. This method uses answers to well-being and health satisfaction questions as posed in …
Persistent link: https://www.econbiz.de/10011435018
Subjective Well-Being has increasingly been studied by several economists. This paper fits in that literature but takes into account that there are different aspects of life such as health, financial situation, and job. We call them domains. In this paper, we consider Subjective Well-Being as a...
Persistent link: https://www.econbiz.de/10011435763
unobservable individual characteristics (panel data) and by using two measures of satisfaction (life and financial satisfaction …) and two definitions of reference group. By comparing results between satisfaction measures and across definitions of … literature, we find strong evidence of relative deprivation in financial satisfaction of all individuals in Tanzania, and …
Persistent link: https://www.econbiz.de/10012129871
Germany. We examine two subdimensions of subjective well-being - life satisfaction and emotional well-being - separately to … obtain a more comprehensive view of the subjective impact of workfare jobs. Our results show that the life satisfaction of …
Persistent link: https://www.econbiz.de/10011280847
Persistent link: https://www.econbiz.de/10011777129
Persistent link: https://www.econbiz.de/10011813548
Unemployment not only causes material hardship but can also affect an individual's sense of identity (i.e. their perception of belonging to a specific social group) and, consequently, feelings of personal happiness and subjective well-being. Labor market policies designed to help the unemployed...
Persistent link: https://www.econbiz.de/10011514680
Psychologists and sociologists usually interpret answers to happiness surveys as cardinal and comparableacross respondents (Kahneman et al. 1999). As a result, these social scientists run OLS regressionson happiness and changes in happiness. Economists, on the other hand, usually only assume...
Persistent link: https://www.econbiz.de/10011326407
This paper provides arguments in favor of using subjective questions as a proxy to measure welfare and well-being. This approach makes it possible to avoid having to define welfare and well-being means and having to identify the relevant indicators. Instead, individuals themselves define their...
Persistent link: https://www.econbiz.de/10011326409