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show that the observed income effect on subjective well-being is much weaker for the happiness index than for life … (3) the relationship between income and the happiness index is weak and stable over the whole distribution when basic … countries show results consistent with the previous literature. Analysis of the happiness index - a measure of hedonic well …
Persistent link: https://www.econbiz.de/10012058590
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10009747812
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10009759751
disposable income and a gain of leisure time - and the psychological (and cultural) notion of the lonely, sad empty nester. This …
Persistent link: https://www.econbiz.de/10012429607
disposable income and a gain of leisure time - and the psychological (and cultural) notion of the lonely, sad empty nester. This …
Persistent link: https://www.econbiz.de/10012430246
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
) is more relevant for individual happiness of middle class members. The aggregate income vulnerability of the middle class … costs in terms of happiness. They therefore support the development of policies to reduce income uncertainty. …This paper evaluates the importance of middle class vulnerability to poverty for subjective well-being (happiness) in …
Persistent link: https://www.econbiz.de/10014301411
Persistent link: https://www.econbiz.de/10010342482
Persistent link: https://www.econbiz.de/10012052394
Persistent link: https://www.econbiz.de/10011610531