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This paper estimates Markov switching models with daily happiness (GNH) data from New Zealand for a period inclusive of … the Covid-19 global health pandemic. This helps us understand the dynamics of happiness due to an external shock and … states of happiness and estimate the duration in these states. In addition, as maximising happiness is a policy priority, we …
Persistent link: https://www.econbiz.de/10012225688
Happiness levels (states) are volatile and often fluctuate between a happy and unhappy state from one day to the next … Regression Model (MSDR) to better understand the dynamic patterns of happiness levels before and during a pandemic. The estimated … unique insights into the evolution of happiness. Furthermore, as maximising happiness is a policy priority, we determine the …
Persistent link: https://www.econbiz.de/10012511363
This paper estimates Markov switching models with daily happiness (GNH) data from New Zealand for a period inclusive of … the Covid-19 global health pandemic. This helps us understand the dynamics of happiness due to an external shock and … states of happiness and estimate the duration in these states. In addition, as maximising happiness is a policy priority, we …
Persistent link: https://www.econbiz.de/10012224924
The Covid-19 pandemic caused major shifts in the operation and fortunes of several industries within New Zealand, including an immediate impact on the workforce. In this setting, the combined epidemiological and economic responses of the government, businesses and the general public played a...
Persistent link: https://www.econbiz.de/10012793085
The Covid-19 pandemic caused major shifts in the operation and fortunes of several industries within New Zealand, including an immediate impact on the workforce. In this setting, the combined epidemiological and economic responses of the government, businesses and the general public played a...
Persistent link: https://www.econbiz.de/10014083981
expenditures. Impacts on subjective well-being are complex, with mental health improving but happiness declining, self …
Persistent link: https://www.econbiz.de/10009627336
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
Persistent link: https://www.econbiz.de/10012694081
The New Zealand government reacted to the coronavirus pandemic by implementing one of the world’s strictest lockdown … regimes. We argue that the country deliberately took a ‘gross national happiness’ approach to the pandemic, emphasizing health …
Persistent link: https://www.econbiz.de/10013241396
Persistent link: https://www.econbiz.de/10014635054