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A "happiness test" for the new measures of national well-being: How much better than GDP are they?
Delhey, Jan; Kroll, Christian - 2012
Across the globe there is growing skepticism about the usefulness of GDP as a measure of national well-being. Consequently, several alternative quality-of-life (QOL) measures were developed which either aim at healing the GDP, complementing it, or replacing it. This chapter portrays some of...
Persistent link: https://www.econbiz.de/10010309614
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The new stylized facts about income and subjective well-being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2012
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10010291356
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What (If Anything) Do Satisfaction Scores Tell Us about the Intertemporal Change in Living Conditions
Wunder, Christoph; Schwarze, Johannes - 2010
This paper looks at the information content of satisfaction scores. It is argued that the information content depends … within one year. This leads to the conclusion that the information content of satisfaction scores accentuates recent changes …-term impact on living conditions. The usefulness of satisfaction scores as an indicator of people's living conditions is discussed. …
Persistent link: https://www.econbiz.de/10011600948
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Time and income poverty: An interdependent multidimensional poverty approach with German time use diary data
Merz, Joachim; Rathjen, Tim - 2009
Socio-Economic Panel and estimate the substitution by a CES-utility function of general utility/satisfaction. Given this … Substitution mit einer CES-Nutzenfunktion einer generellen Zufriedenheit. Mit dieser Qantifizierung können wir dann singuläre Zeit …
Persistent link: https://www.econbiz.de/10010290516
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Work Hours Constraints: Impacts and Policy Implications
Constant, Amelie F.; Otterbach, Steffen - 2011
, and overall life satisfaction? Labor supply and corresponding demand are fundamental to production. Labor economists know …
Persistent link: https://www.econbiz.de/10010331448
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The Anatomy of Subjective Well-being
van Praag, Bernard M.S.; Frijters, P.; … - 2002
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/10010324798
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Outsourcing, occupational restructuring, and employee well-being: Is there a silver lining?
Böckerman, Petri; Maliranta, Mika - 2012
This paper explores the effects of outsourcing on employee well-being through the use of the Finnish linked employer-employee data. The direct negative effect of outsourcing is attributable to greater job destruction and worker outflow. In terms of perceived well-being, the winners in...
Persistent link: https://www.econbiz.de/10010326870
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The Anatomy of Subjective Well-being
van Praag, Bernard M. S.; Frijters, P.; … - 2001
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/10010276928
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Should National Happiness Be Maximized?
Frey, Bruno S.; Stutzer, Alois - 2007
Persistent link: https://www.econbiz.de/10011390608
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The Happiness Gains From Sorting and Matching in the Labor Market
Luechinger, Simon; Stutzer, Alois; Winkelmann, Rainer - 2007
Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on subjective well-being it is possible...
Persistent link: https://www.econbiz.de/10011390612