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This chapter explores links between national wealth and subjective well-being (SWB) at the macro-level for a sample of … 26 OECD countries in 2005. The national wealth data have been developed in the context of the debate on sustainability …. They are from two alternative sources. After discussing major features of the two wealth datasets, it is shown that …
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domain satisfactions and Subjective Well-Being by objectively measurable variables such as income. We estimate a model for …
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-resolution meteorological data, we introduce a new proxy for income uncertainty - mean-preserving rainfall variability - and estimate that an … increase in income uncertainty is associated with reductions in objective consumption and subjective well-being (SWB …
Persistent link: https://www.econbiz.de/10011945049
Despite rising popularity of subjective well-being (SWB) as a proxy for utility, its relationship with income is still …: one that insists on individual relative income, and one that finds similarity between individual and aggregate levels … effect of relative income on SWB varies across countries as a function of average income, in addition to a relatively small …
Persistent link: https://www.econbiz.de/10011774470
Despite rising popularity of subjective well-being (SWB) as a proxy for utility, its relationship with income is still …: one that insists on individual relative income, and one that finds similarity between individual and aggregate levels … effect of relative income on SWB varies across countries as a function of average income, in addition to a relatively small …
Persistent link: https://www.econbiz.de/10011869166
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