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Persistent link: https://www.econbiz.de/10011600902
The death of a spouse is an extremely stressful life event that consequently causes a large drop in life satisfaction … belief in external control led to a considerably smaller decline in life satisfaction and higher scores in the year of the …
Persistent link: https://www.econbiz.de/10011600959
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
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
large loss of satisfaction experienced by individuals in old age. …
Persistent link: https://www.econbiz.de/10011601056
This paper uses concurrently and - for the first time - retrospectively reported life satisfaction from the 1984 to … correlation of unemployment and subjective life satisfaction. It is found that unemployed individuals do not only report … significantly lower concurrent satisfaction, but also recall reduced satisfaction from past unemployment well, and retrospectively …
Persistent link: https://www.econbiz.de/10011601063
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
Socio-Economic Panel and estimate the substitution by a CES-utility function of general utility/satisfaction. Given this … multinomial logit based on time use diary data of the German Time Use Study 2001/02. One striking result for Germany: the … Substitution mit einer CES-Nutzenfunktion einer generellen Zufriedenheit. Mit dieser Qantifizierung können wir dann singuläre Zeit …
Persistent link: https://www.econbiz.de/10010290516
Subjective well-being is a complex phenomenon coevolving with events in important domains of life. Panel vector autoregressions are a suitable tool to analyze the underlying structure of changes in happiness and its coevolution with changes in income, health, worries, marital status and...
Persistent link: https://www.econbiz.de/10010281848
retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …-term unemployed people report a substantial increase in their life satisfaction when they retire. These results are robust to … including identity in the utility function, results from the empirical life satisfaction literature can be reconciled with the …
Persistent link: https://www.econbiz.de/10010306211