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This paper estimates Markov switching models with daily happiness (GNH) data from New Zealand for a period inclusive of … the Covid-19 global health pandemic. This helps us understand the dynamics of happiness due to an external shock and … states of happiness and estimate the duration in these states. In addition, as maximising happiness is a policy priority, we …
Persistent link: https://www.econbiz.de/10012225688
We provide novel evidence on how the COVID-19 global health and economic crisis is affecting overall life satisfaction … and domain-specific satisfaction using data from a monthly longitudinal survey of middle-aged and older Singaporeans …. Using a difference-in-differences framework, we document large declines in overall life satisfaction and domain …
Persistent link: https://www.econbiz.de/10012290922
Does the COVID-19 pandemic cause people unhappy? In this study, we use a recent survey from China, Japan, South Korea, Italy, the United Kingdom and the United States to explore this question. We find a relatively large effect: a one per-mille point increase in the incidence of the COVID-19...
Persistent link: https://www.econbiz.de/10012422564
heterogeneous effect of victimisation along the whole distribution of well-being. Using fixed effects panel estimation, we find that …
Persistent link: https://www.econbiz.de/10011308428
A growing literature concludes that terrorism impacts the economy, yet less is known about its impact on utility. This paper estimates the impact of the 2013 Boston Marathon Bombing on well-being, by exploiting representative U.S. daily data. Using both a regression discontinuity and an event...
Persistent link: https://www.econbiz.de/10011714846
In a 'smart' electricity distribution network, flexible distribution resources (FDRs) can be coordinated to improve efficiency. But coordination enables whoever controls such resources to exercise market power. The paper establishes the following efficiency rankings of market structures:...
Persistent link: https://www.econbiz.de/10012264228
life satisfaction of the total population and the subpopulation of drinkers, while life satisfaction of nondrinkers is …
Persistent link: https://www.econbiz.de/10011888440
life satisfaction of the total population and the subpopulation of drinkers, while life satisfaction of nondrinkers is …
Persistent link: https://www.econbiz.de/10011897296
health substantially. Momentary happiness and life satisfaction also decline in response to Covid-19, but to a smaller extent … of well-being in certain areas of life, such as satisfaction with the job and with leisure, which are negatively affected …
Persistent link: https://www.econbiz.de/10012603926
extensively by economists, can be understood as a synonym for life satisfaction or happiness. Industrial societies and …In the most rational sense, the pursuit of happiness is the end goal of all our actions. Utility, a word used … the other determinants of happiness. I find that although income is a substantial contributor to well being, qualities …
Persistent link: https://www.econbiz.de/10014179901