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Is Business Cycle Volatility Costly? Evidence from Surveys of Subjective Wellbeing
Wolfers, Justin - 2011
-reported happiness and life satisfaction. I find robust evidence that high inflation and, to a greater extent, unemployment lower …
Persistent link: https://www.econbiz.de/10014033618
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Happiness Inequality in the United States
Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2008
This paper examines how the level and dispersion of self-reported happiness has evolved over the period 1972 …-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s …. There have been large changes in the level of happiness across groups: Two-thirds of the black-white happiness gap has been …
Persistent link: https://www.econbiz.de/10005822578
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Subjective Well‐Being and Income: Is There Any Evidence of Satiation?
Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2013
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10010660252
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Subjective and Objective Indicators of Racial Progress
Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2013
Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well-being...
Persistent link: https://www.econbiz.de/10011084479
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Subjective Well-Being and Income: Is There Any Evidence of Satiation?
Stevenson, Betsey; Wolfers, Justin - Crawford School of Public Policy, Australian National … - 2013
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10011186016
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Subjective and Objective Indicators of Racial Progress
Stevenson, Betsey; Wolfers, Justin - CESifo - 2013
Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well]being...
Persistent link: https://www.econbiz.de/10010636596
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Subjective and Objective Indicators of Racial Progress
Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2013
Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well-being...
Persistent link: https://www.econbiz.de/10010636771
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Subjective Well-Being and Income: Is there any Evidence of Satiation?
Stevenson, Betsey; Wolfers, Justin - CESifo - 2013
Many scholars have argued that once “basic needs” have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing...
Persistent link: https://www.econbiz.de/10010643335
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Economic growth and subjective well-being: reassessing the Easterlin paradox
Stevenson, Betsey; Wolfers, Justin - 2008
happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader … in subjective well-being and income over time within countries we find economic growth associated with rising happiness … determining happiness. …
Persistent link: https://www.econbiz.de/10010264434
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Economic growth and subjective well-being: reassessing the easterlin paradox
Stevenson, Betsey; Wolfers, Justin - 2008
happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader … in subjective well-being and income over time within countries we find economic growth associated with rising happiness … determining happiness. …
Persistent link: https://www.econbiz.de/10010268822