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Usually, it is expected that income increases life satisfaction. In recent years tough, research emerged that shows how subjective well-being, including satisfaction, influences objective measures, as for example income. This would then require explicit identification strategies for estimating...
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Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went from lowest to highest LS, though their average...
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Between 1980 and 2000, average actual working hours per adult of working age rose by in the USA (to 1476) while falling …. - which implies that the greater inequality of earnings in the USA has had noticeable incentive effect on the labor supply of …
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1980 to 2000, average working hours per adult (ages 15-64) rose by 234 hours in the USA to 1476 while falling by 170 hours … well-being. Recently Bell and Freeman (2000) have argued that greater inequality in the USA provides the incentive that … participation. [For example, the paid working hours of women in the USA have risen significantly, while German men aged 55 to 64 …
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