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estimated linear and non-linear associations of experiential and material expenditures with life satisfaction. Although both … experiential and material expenditures were positively associated with life satisfaction, evidence supporting the greater return … results of the non-linear estimates indicate that to maximize life satisfaction, an average person should allocate more money …
Persistent link: https://www.econbiz.de/10011450466
The literature on subjective well-being (SWB) and the environment has found robust evidence of positive net marginal SWB from pro-environmental behavior (PEB), that is, positive marginal SWB net of the associated costs in terms of money, time and effort (Finding 1). Accordingly, people could...
Persistent link: https://www.econbiz.de/10014283751
investigate how heterogeneity in cultural profiles is associated with overall life satisfaction and relevant domains (health … relationship between cultural participation and overall life satisfaction. Still, a more complex picture arises when considering … all the statistically significant differences in life and domain satisfaction across cultural consumption patterns. These …
Persistent link: https://www.econbiz.de/10012624956
This paper studies whether pro-environmental consumption choices are consistent with utility maximization and what role the consumption behavior of reference persons and one's own past behavior play in this context. By combining data on individuals' pro-environmental consumption from a unique...
Persistent link: https://www.econbiz.de/10010442764
This paper looks at the association of specific consumption goods with subjective well-being (SWB), using a representative sample of US individuals. There is a vast economic literature on the relationship between income and SWB, but surprisingly very little on how individuals spend their income...
Persistent link: https://www.econbiz.de/10013048763
The positive relationship between income and subjective wellbeing has been well documented. However, work assessing the relationship of alternative material wellbeing metrics to subjective wellbeing is limited. Consistent with the permanent income hypothesis, we find that a consumption measure...
Persistent link: https://www.econbiz.de/10012982856
very strong assumptions. Measured income and life satisfaction offers an alternative for estimating such consumption … municipality of residence has a negative impact on own income satisfaction …
Persistent link: https://www.econbiz.de/10014175781
satisfaction and engaging in more frequent sustainable consumption has a positive role in moderating this relationship …
Persistent link: https://www.econbiz.de/10014080114
We investigate whether US households possess advance information about their future income and what this means for consumption insurance. Based on insights from a theoretical model, we propose a new test to detect advance information, which requires only panel data on consumption and income....
Persistent link: https://www.econbiz.de/10013186823
Persistent link: https://www.econbiz.de/10011389981