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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
and those with children. However, expectations and realizations of life satisfaction in East Germany had converged by 1995 …
Persistent link: https://www.econbiz.de/10011411452
This paper offers methodological comments on a recent (November 2014) Economic Journal article. The comments consider its use of a dynamic model - the inclusion of a lagged dependent variable - and its approach to estimation. By way of critique, the authors highlight general issues regarding...
Persistent link: https://www.econbiz.de/10011419154
In this article, we lay out the basic case for wellbeing as the goal of government. We briefly review the history of this idea, which goes back to the ancient Greeks and was the acknowledged ideal of the Enlightenment. We then discuss possible measures on which a wellbeing orientation could be...
Persistent link: https://www.econbiz.de/10012129995
Is wellbeing higher if the same number of negative events is spread out rather than bunched in time? Should positive events be spread out or bunched? We answer these questions exploiting quarterly data on six positive and twelve negative life events in the Household, Income and Labour Dynamics...
Persistent link: https://www.econbiz.de/10012180363
Persistent link: https://www.econbiz.de/10012180850
Persistent link: https://www.econbiz.de/10012196915
preference for leaving the EU were 0.14 points less satisfied with life pre-referendum, with both misery (life satisfaction below … preferences enjoyed a life satisfaction rise of 0.16 points, while there was a drop of 0.15 points for those preferring to remain …
Persistent link: https://www.econbiz.de/10011775929
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 contributes to the literature on subjective well-being (SWB) by taking into account different aspects of life, called domains, such as health, financial situation, job, leisure, housing, and environment. We postulate a two-layer model where individual total SWB depends on the...
Persistent link: https://www.econbiz.de/10011326415