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-being in China over the period 2005-2010 during which self-reported happiness scores show an increase across all income groups … conditional on having the same income, there is no rural-urban happiness gap. Our results suggest that while further decline in …
Persistent link: https://www.econbiz.de/10011449772
latter: happiness and eudaimonia. Even after controlling for proximal covariates, outcomes at age 18 (IQ score, parental …, there are notable differences in the other correlates of happiness and eudaimonia. As such, well-being policy will depend to …
Persistent link: https://www.econbiz.de/10011760110
This paper uses the wellbeing valuation (WV) approach to estimate and monetize the wellbeing impacts of informal care provision on caregivers. Using nationally representative longitudinal data from the U.K., we address two challenging methodological issues related to the economic valuation of...
Persistent link: https://www.econbiz.de/10011865578
While there is mounting evidence that large income shocks, e.g. in the form of a job loss, may impact health and mortality, little evidence exist on the potential relationship between sustained income volatility, keeping average lifetime income constant, and health. This paper exploits rich...
Persistent link: https://www.econbiz.de/10012140432
We propose an extension of the standard occupational choice model to analyze the life satisfaction of senior entrepreneurs as compared to paid employees and particularly retirees in Germany. The analysis identifies income and health status as main factors that shape the relationship between...
Persistent link: https://www.econbiz.de/10014393269
individual life satisfaction. Our estimates indicate, a primary breadwinner wifedecreases spousal individual happiness by roughly … income comparison forindividual happiness. Wives (barely) outearning their husbands seem to signal ’competition’. …
Persistent link: https://www.econbiz.de/10012820346
We propose an extension of the standard occupational choice model to analyze the life satisfaction of senior entrepreneurs as compared to paid employees and particularly retirees in Germany. The analysis identifies income and health status as main factors that shape the relationship between...
Persistent link: https://www.econbiz.de/10014432474
happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a … happiness. For some countries their estimated growth rates of happiness and GDP are not trend rates, but those observed in … cyclical expansion or contraction. Mixing these short-term with long-term growth rates shifts a happiness-GDP regression from a …
Persistent link: https://www.econbiz.de/10011450390
We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income hypothesis (RIH) and altruism). The relationship is...
Persistent link: https://www.econbiz.de/10011476321
Using longitudinal data for children aged 10-15 years living in England in 2009-2014 we test the hypothesis that income matters for children’s life satisfaction. The results suggest that children are more satisfied with life the more income their family has. Income effects are larger the less...
Persistent link: https://www.econbiz.de/10011621542