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, evaluations tend to be dominated by "social comparison" - what is happening to the incomes of others. An increase in the incomes … of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly …, and the greater the shortfall, the less one's happiness. There is thus an asymmetry in the psychological roots of income …
Persistent link: https://www.econbiz.de/10012604148
. This entry also briefly discusses: recent history of well-being measurement; what makes people better off in theory; the …
Persistent link: https://www.econbiz.de/10013457675
Component Analysis. Our analysis shows that BLI increases with GDP only for poor countries, extending the Easterlin Paradox to … the quality of life measurement; that good performances in BLI are not necessarily due to a high efficiency of the whole …
Persistent link: https://www.econbiz.de/10011305432
among the last places in terms of GDP per capita or median income, and despite this the population of our country has an …The paper analyzes the satisfaction regarding the financial situation in Romania compared to the rest of the member … countries of the European Union. The work analyzed indicators that express the material well-being of a society such as: GDP and …
Persistent link: https://www.econbiz.de/10014547076
-being ; happiness ; satiation ; basic needs ; Easterlin paradox …
Persistent link: https://www.econbiz.de/10009736745
Many scholars have argued that once “basic needs” have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing...
Persistent link: https://www.econbiz.de/10013315787
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good … life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012195532
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good … life", such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012169722
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10013132796
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10013132818