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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 for the contradiction is social comparison. At a point...
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 for the contradiction is social comparison. At a point...
Persistent link: https://www.econbiz.de/10012372750
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...
Persistent link: https://www.econbiz.de/10011770417
Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...
Persistent link: https://www.econbiz.de/10011450390
Richer people are happier than poorer people, but when a country becomes richer over time, its people do not become happier. This seemingly contradictory pair of findings of Richard Easterlin has be-come famous as the Easterlin Paradox. However, it was met with counterevidence. To shed more...
Persistent link: https://www.econbiz.de/10011951423
This paper examines the role of life satisfactioninthe labor market behavior of workers receiving welfare benefits while working. Welfare stigma and other hard-to-observe factors may affect outcomes as on-the-job search and the duration until leaving welfare status. We utilize life satisfaction...
Persistent link: https://www.econbiz.de/10012265186
In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to the generosity of welfare state programs - increasing happiness going with increasing generosity and declining happiness with declining generosity. This is the principal...
Persistent link: https://www.econbiz.de/10013502264
Clustern. Wir verwenden längerfristige Paneldaten für Deutschland und Großbritannien und finden keine robuste Evidenz für einen … Zusammenhang zwischen BIP pro Kopf und Lebenszufriedenheit in den beiden Ländern (unter Verwendung von einer Reihe von … werden kann: die Vereinigten Staaten, Deutschland und Großbritannien. …
Persistent link: https://www.econbiz.de/10009759758
A series of crises, culminating with COVID-19, shows that going "Beyond GDP" is urgently necessary. Social and environmental degradation are consequences of emphasizing GDP as a measure of progress. This degradation created the conditions for the COVID-19 pandemic and limited the efficacy of...
Persistent link: https://www.econbiz.de/10012803715
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008697413