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Lang (2019). The classical OLS and ordered probit analysis of self-reported life satisfaction of employees from 32 European … show that the observed income effect on subjective well-being is much weaker for the happiness index than for life … satisfaction, especially when controlling for satisfaction of basic needs. Quantile regression analysis brings additional insights …
Persistent link: https://www.econbiz.de/10012058590
income distribution. However, it has become increasingly recognised, both at the academic and political level, that focusing … purely on income provides a limited picture of social progress. We illustrate how ex-ante policy evaluation can be performed … in terms of richer concepts of individual well-being, such as subjective life satisfaction and equivalent incomes. Our …
Persistent link: https://www.econbiz.de/10011584107
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation … per capita and life satisfaction in either country (controlling for a variety of variables). Together with the evidence …
Persistent link: https://www.econbiz.de/10009747819
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation … per capita and life satisfaction in either country (controlling for a variety of variables). Together with the evidence …
Persistent link: https://www.econbiz.de/10009759758
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation … per capita and life satisfaction in either country (controlling for a variety of variables). Together with the evidence …
Persistent link: https://www.econbiz.de/10010338942
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …
Persistent link: https://www.econbiz.de/10010423769
We use personality traits to better understand the relationship between income and life satisfaction. Personality … traits mediate the effect of income on life satisfaction. The effect of neuroticism, which measures sensitivity to threat and … than unity, so that the gap between aspired and realized income increases with aspirations. From the estimation of this …
Persistent link: https://www.econbiz.de/10010479011
The answer is that people's evaluations of their income situation are based on different considerations when the … of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly … for income evaluations turns inward. "Financial hardship", the shortfall from one's own previous peak income, takes over …
Persistent link: https://www.econbiz.de/10012604148
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
Persistent link: https://www.econbiz.de/10014536105