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activities, rendering conclusions regarding well-being policy less straightforward. -- Comparison ; habituation ; income … ; unemployment ; marriage ; divorce ; health ; religion ; policy …
Persistent link: https://www.econbiz.de/10009557657
activities, rendering conclusions regarding well-being policy less straightforward. -- comparison ; habituation ; income … ; unemployment ; marriage ; divorce ; health ; religion ; policy …
Persistent link: https://www.econbiz.de/10009408713
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010280689
in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … oneself in the past (habituation). We review the evidence on relative income from the subjective well-being literature. We …
Persistent link: https://www.econbiz.de/10013316988
stable EU economies, other people's income affects my utility directly, through comparison effects, whereas in more volatile … average income in one's professional group affects individual subjective well-being negatively in EU countries, whereas the … information effects are predominant from 1990 onwards. This divergent attitude towards other people's income is potentially …
Persistent link: https://www.econbiz.de/10014070404
into account that there are different aspects of life such as health, financial situation, and job. We call them domains …, finance, health, leisure, housing, and environment. We distinguish between long-term and short-term effects. Next, we explain … domain satisfactions and Subjective Well-Being by objectively measurable variables such as income. We estimate a model for …
Persistent link: https://www.econbiz.de/10011435763
effect of unemployment on life satisfaction. -- ordered response ; panel data ; correlated heterogeneity ; incidental …
Persistent link: https://www.econbiz.de/10009236781
effect of unemployment on life satisfaction. -- ordered response ; panel data ; correlated heterogeneity ; incidental …
Persistent link: https://www.econbiz.de/10009125046
). These variables include one's state of health, social support and participation, exercise, job satisfaction and satisfaction …Two-way causation issues are the bete noire of life satisfaction research. As acknowledged in several landmark reviews …, many variables routinely reported as causes or determinants of life satisfaction could equally well be consequences, or …
Persistent link: https://www.econbiz.de/10010440542
This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using ten waves of the Russian Longitudinal Monitoring Survey, a panel household survey rich in subjective variables, the analysis suggests that for a given total stock of...
Persistent link: https://www.econbiz.de/10003355566