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best contender as the "maximand" in the contest, before the ladder‐of‐life question and felt happiness. Among the other …
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In this paper I investigate the nexus between life time utility (life satisfaction) and income predicted by the standard model of endogenous economic growth under different behavioral assumptions. The solution rationalizes why the empirical association between income and life satisfaction is...
Persistent link: https://www.econbiz.de/10009784194
this theory, we find that persistent shocks have a significant impact on happiness while transitory shocks do not. This has … consequences also for inference about the happiness effect of employment. We find that employment per se is rather associated with … a decline in happiness. …
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U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income inequality measured at the state or national level is associated with diminished subjective well-being (SWB) in the U.S. We conduct the first multi-scale analysis (i.e., at the...
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-reported happiness. This suggests that people who aim at increasing their happiness should try to find a better-paid job if their … associated with higher job mobility. We conclude that low relative income (compared to the neighbors) reduces workers' happiness …
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