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We study the importance of economists' professional situation toward their life satisfaction based on a unique survey of mostly academic economists. On average, economists report to be highly happy with life. Satisfaction is positively related to spending more time on doing research. The lack of...
Persistent link: https://www.econbiz.de/10010438344
stimulus to the discourse on individual happiness. Recently this research has also been linked to economics where reported … of where the economic research on happiness stands and of three directions it might develop. First, it offers new ways … insights gained from the study of individual happiness in economics affect public policy. …
Persistent link: https://www.econbiz.de/10008662483
Between sports and happiness. Using longitudinal data from the German Socio- Economic Panel (GSOEP), we find a positive … causal directions. It turns out that the causal impact of engaging in sports on happiness is about four times higher than the … effect of happiness on engaging in sports. …
Persistent link: https://www.econbiz.de/10012623994
previously published for other countries are generally supported. Unemployment has a strongly depressing effect on happiness. A … higher income level raises happiness, however, only to a small extent. …
Persistent link: https://www.econbiz.de/10009781520
Based on survey data for Switzerland, new empirical findings on direct democracy are presented. In the first part, we show that, on average, public employees receive lower financial compensation under more direct democratic institutions. However, top bureaucrats are more constrained in direct de...
Persistent link: https://www.econbiz.de/10009781717
enjoy the corresponding procedural utility. Utility is measured by individuals reported subjective well-being or happiness …
Persistent link: https://www.econbiz.de/10011398899
Persistent link: https://www.econbiz.de/10010425883
Persistent link: https://www.econbiz.de/10001759257
This paper discusses a novel approach to elicit people's preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...
Persistent link: https://www.econbiz.de/10002039247
Persistent link: https://www.econbiz.de/10002182604