sensitivity of income estimates used in valuation. We address the endogeneity issue by decomposing wellbeing losses into those … relative who had not had an accident. We use of the Fixed Effects Filtered (FEF) estimator to enable the permanent income … coefficient to be estimated free from individual fixed effects bias. This estimate is used instead of the transient income effect …

valuations ; happiness ; health ; GHQ …

of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly …, and the greater the shortfall, the less one's happiness. There is thus an asymmetry in the psychological roots of income … evaluations when income is rising vs. falling , and this causes a corresponding asymmetry in the response of happiness to the …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …

European countries. We do so by estimating country-panel equations for mean life satisfaction that include trend and cyclical … between per capita GDP and life satisfaction over time which is positive for poorer countries, but flat (or negative) for …

matters for children’s life satisfaction. The results suggest that children are more satisfied with life the more income their …Using longitudinal data for children aged 10-15 years living in England in 2009-2014 we test the hypothesis that income … family has. Income effects are larger the less income the family has and statistically significant for children from the age …

income distribution. However, it has become increasingly recognised, both at the academic and political level, that focusing … purely on income provides a limited picture of social progress. We illustrate how ex-ante policy evaluation can be performed … in terms of richer concepts of individual well-being, such as subjective life satisfaction and equivalent incomes. Our …