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We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010423769
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010462001
social relations and of the environment, employment, and job satisfaction. In this chapter we survey the economic literature … functionings) approach, the use of subjective life satisfaction measures, and the calculation of equivalent incomes. We discuss the … respected and where in each approach the boundaries of individual responsibility are drawn. We compare the measurement of …
Persistent link: https://www.econbiz.de/10014025349
the World Values Survey data and a broad set of fairness measures, we find strong support for the negative (positive …
Persistent link: https://www.econbiz.de/10010258037
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to …
Persistent link: https://www.econbiz.de/10011436192
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to …
Persistent link: https://www.econbiz.de/10011406589
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with …
Persistent link: https://www.econbiz.de/10012756895
concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i …-being depending more on relative satisfaction than on absolute levels of income. This finding holds even after controlling for other …
Persistent link: https://www.econbiz.de/10013318984
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with …
Persistent link: https://www.econbiz.de/10011628625
satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …: for a given number of years in poverty, satisfaction is lower when the years are linked together. As such, poverty …
Persistent link: https://www.econbiz.de/10010493169