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This publication concentrates on the complex interplay between poverty, wealth and life satisfaction. Main areas of … life are quantified in a multidimensional approach of poverty and wealth: Individual income, current health, occupational … supposed. Major findings: An initial rise in life satisfaction can improve income and health, but not job autonomy. However …
Persistent link: https://www.econbiz.de/10010209215
Persistent link: https://www.econbiz.de/10011751522
We study happiness adaptation to income and poverty using an individual panel data on life satisfaction of 10046 … subjects living in China from 2010 to 2018. We find robust evidence of adaptation to both income and poverty. The adaptation to … poverty result is new to the literature, whereas adaptation to income at four-year length is in line with the previous …
Persistent link: https://www.econbiz.de/10013311371
Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income … of multidimensional polarization we extend the income dimension by time, a pre-requisite and fundamental resource of any …) polarization compensation between time and income, parameters of a CES-type subjective well-being function, is evaluated …
Persistent link: https://www.econbiz.de/10013258566
satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …: for a given number of years in poverty, satisfaction is lower when the years are linked together. As such, poverty …
Persistent link: https://www.econbiz.de/10010493169
satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life …
Persistent link: https://www.econbiz.de/10010440553
satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life …
Persistent link: https://www.econbiz.de/10010252812
Persistent link: https://www.econbiz.de/10012301340
Persistent link: https://www.econbiz.de/10011707655
: 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