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of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly …, and the greater the shortfall, the less one's happiness. There is thus an asymmetry in the psychological roots of income … evaluations when income is rising vs. falling , and this causes a corresponding asymmetry in the response of happiness to the …
Persistent link: https://www.econbiz.de/10012604148
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012391355
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012372750
European countries. We do so by estimating country-panel equations for mean life satisfaction that include trend and cyclical … between per capita GDP and life satisfaction over time which is positive for poorer countries, but flat (or negative) for …
Persistent link: https://www.econbiz.de/10011951423
matters for children’s life satisfaction. The results suggest that children are more satisfied with life the more income their …Using longitudinal data for children aged 10-15 years living in England in 2009-2014 we test the hypothesis that income … family has. Income effects are larger the less income the family has and statistically significant for children from the age …
Persistent link: https://www.econbiz.de/10011621542
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …
Persistent link: https://www.econbiz.de/10011770417
Previous literature has identified income, poor health and social relationships as the most important predictors of … effects estimation to control for cohort effects and unobserved personal characteristics, we find that the marginal effects of … income and social relationships vary with age in a wave-like fashion, while the negative marginal effect of poor health …
Persistent link: https://www.econbiz.de/10014308146
(health, social life, income, education) over the quantiles of the subjective well-being distribution, with attenuated effect … sizes for the fixed-effects model. Equivalized log income has a negative impact on subjective well-being throughout the …
Persistent link: https://www.econbiz.de/10011285402
variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly …
Persistent link: https://www.econbiz.de/10009747812
supposed. Major findings: An initial rise in life satisfaction can improve income and health, but not job autonomy. However …-Kausalität kann angenommen werden. Zentrale Ergebnisse: Ein anfänglicher Anstieg der Zufriedenheit erhöht das individuelle Einkommen …This publication concentrates on the complex interplay between poverty, wealth and life satisfaction. Main areas of …
Persistent link: https://www.econbiz.de/10010209215