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Does Money Make People Right-Wing and Inegalitarian? A Longitudinal Study of Lottery Winners

Powdthavee, Nattavudh; Oswald, Andrew J. - 2014

The causes of people's political attitudes are largely unknown. We study this issue by exploiting longitudinal data on lottery winners. Comparing people before and after a lottery windfall, we show that winners tend to switch towards support for a right-wing political party and to become less...

Persistent link: https://www.econbiz.de/10010333286

Recent advances in the economics of individual subjective well-being

Stutzer, Alois; Frey, Bruno S. - 2010

Over the last decades, empirical research on subjective well-being in the social sciences has provided a major new stimulus to the discourse on individual happiness. Recently this research has also been linked to economics where reported subjective wellbeing is often taken as a proxy measure for...

Persistent link: https://www.econbiz.de/10010269838

Estimating the influence of life satisfaction and positive affect on later income using sibling fixed-effects

De Neve, Jan-Emmanuel; Oswald, Andrew J. - 2012

The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person's well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …

Persistent link: https://www.econbiz.de/10010290771

Estimating the influence of life satisfaction and positive affect on later income using sibling fixed-effects

De Neve, Jan-Emmanuel; Oswald, Andrew J. - 2012

Persistent link: https://www.econbiz.de/10010291399

Glück - die ökonomische Analyse

Frey, Bruno S.; Stutzer, Alois - 2009

income and life satisfaction is strongly shaped by the aspiration level serving to evaluate life conditions. The aspiration …

Persistent link: https://www.econbiz.de/10012168322

Recent Advances in the Economics of Individual Subjective Well-Being

Stutzer, Alois; Frey, Bruno S. - Wirtschaftswissenschaftliches Zentrum <Basel> - 2010

Over the last decades, empirical research on subjective well-being in the socialsciences has provided a major new stimulus to the discourse on individual happiness.Recently this research has also been linked to economics where reported subjective wellbeingis often taken as a proxy measure for...

Persistent link: https://www.econbiz.de/10008845690