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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 well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …
Persistent link: https://www.econbiz.de/10010291356
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010280689
Income as the traditional one dimensional measure in well-being and poverty analyses is extended in recent studies by a … hence account for time and income as important multiple poverty dimensions. Second, the interdependence of the poverty … quantification we disentangle time, income and interdependent multidimensional poverty regimes characterising the working poor. In …
Persistent link: https://www.econbiz.de/10010290516
In dieser Studie werden Zeit, Wohlstand und Zufriedenheit mit einem interdependenten multidimensionalen (IMD …) Polarisierungsansatz von Zeit und Einkommen und der Entwicklung über 20 Jahre in Deutschland analysiert. Mit dem neuen Ansatz zur … time and income and its development over 20 years. With a new multidimensional polarization intensity (2DGAP) approach the …
Persistent link: https://www.econbiz.de/10011607340
perspective of an interdependent relation of the polarization dimensions income and wealth, the extent of multidimensional poverty …Income and wealth are important determinants of individual economic well-being because they are a fundamental resource … for consumption. Due to increasing inequality the distribution of income and wealth has moved more and more into the focus …
Persistent link: https://www.econbiz.de/10011282678
Das Einkommen ist ein wichtiger Bestimmungsgrund des individuellen Lebensstandards und der Teilhabe am … dabei einem Verteilungsmuster, das sich als Gradient beschreiben lässt: je niedriger das Einkommen, desto häufiger treten …Income is an important determinant of individual standards of living and participation in social life. Data from the …
Persistent link: https://www.econbiz.de/10010260882
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
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
income, demographics and social capital. The increase in social capital predicts the largest positive change in subjective … well-being. Income growth, also predicts a substantial change in subjective well-being, but it is compensated for about … three fourths by the joint negative predictions due to income comparison and income adaptation. Finally, we find that aging …
Persistent link: https://www.econbiz.de/10011601056
higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …We explore the relationships between subjective well-being and income, as seen across individuals within a given … most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10010274814