Showing 1 - 10 of 2,991
Persistent link: https://www.econbiz.de/10011389981
Wealth in addition to income determines to a large degree an individual’s consumption opportunities and economic … satisfaction as an indicator of subjective well being and households’ wealth. We contribute to the scarce literature on wealth and … well as debt, have differential effects on life satisfaction, (iii) both wealth levels and wealth holdings relative to …
Persistent link: https://www.econbiz.de/10013171766
SWB. In most cases, wealth is more important than income from the perspective of SWB. Theoretical and empirical reasons … since the latter has been measured. For convenience and availability matters, income (what people earn) was mostly used at … the individual level. It is only since recently that data about wealth (what people possess) is available and the links …
Persistent link: https://www.econbiz.de/10012135042
: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction … income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study … with income is more affected by ex ante than by ex post volatility of income. The ordinal version of the Van Praag approach …
Persistent link: https://www.econbiz.de/10011634082
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … per capita and life satisfaction in either country (controlling for a variety of variables). Together with the evidence … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …
Persistent link: https://www.econbiz.de/10009747819
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … per capita and life satisfaction in either country (controlling for a variety of variables). Together with the evidence … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …
Persistent link: https://www.econbiz.de/10009759758
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … per capita and life satisfaction in either country (controlling for a variety of variables). Together with the evidence … presented in Stevenson and Wolfers (2008, BROOKINGS PAP ECO AC), we now count three exceptions supporting Easterlin s happiness-income …
Persistent link: https://www.econbiz.de/10010338942
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
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
Previous literature has identified income, poor health and social relationships as the most important predictors of … income and social relationships vary with age in a wave-like fashion, while the negative marginal effect of poor health … increases monotonically and progressively with age. Our results are similar for alternative measures of SWB (life satisfaction …
Persistent link: https://www.econbiz.de/10014308146