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The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being when facing major life events. Based on individual panel data, we compare people's forecast of their life...
Persistent link: https://www.econbiz.de/10011308432
The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being when facing major life events. Based on individual panel data, we compare people's forecast of their life...
Persistent link: https://www.econbiz.de/10011334546
This publication concentrates on the complex interplay between poverty, wealth and life satisfaction. Main areas of … life are quantified in a multidimensional approach of poverty and wealth: Individual income, current health, occupational … from 1998-2009 is examined. This study has two main goals: (1) To contribute to the interconnection between poverty, wealth …
Persistent link: https://www.econbiz.de/10010209215
from unemployment, poverty, physical ill health, and mental illness. The largest proportion suffer from mental illness …. Multiple regression shows that mental illness is not highly correlated with poverty or unemployment, and that it contributes … more to explaining the presence of misery than is explained by either poverty or unemployment. This holds both with and …
Persistent link: https://www.econbiz.de/10011308598
from unemployment, poverty, physical ill health, and mental illness. The largest proportion suffer from mental illness …. Multiple regression shows that mental illness is not highly correlated with poverty or unemployment, and that it contributes … more to explaining the presence of misery than is explained by either poverty or unemployment. This holds both with and …
Persistent link: https://www.econbiz.de/10011312724
from unemployment, poverty, physical ill health, and mental illness. The largest proportion suffer from mental illness …. Multiple regression shows that mental illness is not highly correlated with poverty or unemployment, and that it contributes … more to explaining the presence of misery than is explained by either poverty or unemployment. This holds both with and …
Persistent link: https://www.econbiz.de/10013016269
from unemployment, poverty, physical ill health, and mental illness. The largest proportion suffer from mental illness …. Multiple regression shows that mental illness is not highly correlated with poverty or unemployment, and that it contributes … more to explaining the presence of misery than is explained by either poverty or unemployment. This holds both with and …
Persistent link: https://www.econbiz.de/10013016868
Recent happiness studies by economists, sociologist and psychologists have produced many important new approaches and attitudes to focus less on objective variables and more on subjective well-being (SWB). Studies investigating life satisfaction (as a proxy of SWB) have identified strong...
Persistent link: https://www.econbiz.de/10010494415
Over the past few years, there has been a steadily increasing interest on the part of economists in happiness research. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that happiness research is able to contribute important...
Persistent link: https://www.econbiz.de/10011398921
In this paper, we shed more light on the subjective well-being of workfare participants and compare it to the well-being of unemployed and employed workers. We use data from a self-conducted survey among participants in workfare schemes in Germany. We examine two subdimensions of subjective...
Persistent link: https://www.econbiz.de/10011280847