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Many politicians believe they can intervene in the economy to improve people's lives. But can they? In a social experiment carried out in the United Kingdom, extensive in-work support was randomly assigned among 16,000 disadvantaged people. We follow a sub-sample of 3,500 single parents for 5...
Persistent link: https://www.econbiz.de/10010739948
's results are robust to the inclusion of controls such as education, IQ, physical health, height, self-esteem, and later …
Persistent link: https://www.econbiz.de/10010705552
Recently, economists and behavioral scientists have studied the pattern of human well-being over the lifespan. In dozens of countries, and for a large range of well-being measures, including happiness and mental health, well-being is high in youth, falls to a nadir in midlife, and rises again in...
Persistent link: https://www.econbiz.de/10010705567
Nearly all workers have a supervisor or 'boss'. Yet there is almost no published research by economists into how bosses affect the quality of employees' lives. This study offers some of the first formal evidence. First, it is shown that a boss's technical competence is the single strongest...
Persistent link: https://www.econbiz.de/10010959573
This paper examines a famous puzzle in social science. Why do some nations report such high happiness? Denmark, for instance, regularly tops the league table of rich nations' well-being; Great Britain and the US enter further down; France and Italy do relatively poorly. Yet the explanation for...
Persistent link: https://www.econbiz.de/10010884101
There is a large amount of cross-sectional evidence for a midlife low in the life cycle of human happiness and well-being (a 'U shape'). Yet no genuinely longitudinal inquiry has uncovered evidence for a U-shaped pattern. Thus some researchers believe the U is a statistical artefact. We...
Persistent link: https://www.econbiz.de/10010884289
The idea that humans especially females are prone to some form of 'midlife crisis' has typically been viewed with extreme skepticism by social scientists. We point out the potential equivalence between an age U-shape in a new well-being literature and a matching hill-shape in especially female...
Persistent link: https://www.econbiz.de/10011653487
Economics ignores the possibility of hedonic adaptation (the idea that people bounce back from utility shocks). This paper argues that economists are wrong to do so. It provides longitudinal evidence that individuals who become disabled go on to exhibit recovery in mental wellbeing. Adaptation...
Persistent link: https://www.econbiz.de/10010267773
- at any given actual weight - than those with low education. These results should be treated cautiously, and fixed …
Persistent link: https://www.econbiz.de/10010269287
A huge research literature, across the behavioral and social sciences, uses information on individuals' subjective well-being. These are responses to questions - asked by survey interviewers or medical personnel - such as how happy do you feel on a scale from 1 to 4? Yet there is little...
Persistent link: https://www.econbiz.de/10010269621