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Are people condemned to an inherent level of experienced happiness? A review of the economic research on subjective … well-being gives reason to the assessment that happiness can change. First, empirical findings clearly indicate that people … of understanding variation in the process of adaptation. The modeling of happiness over the life course promises a …
Persistent link: https://www.econbiz.de/10010348918
We use the Panel Study of Income Dynamics (PSID), a longitudinal study of a representative sample of the US population, to examine social rank effects on the relationship between life satisfaction and economic status. We examine the effects of income, home values, mortgage debts, financial...
Persistent link: https://www.econbiz.de/10012963600
Despite the burgeoning happiness economics literature, scholars have largely ignored explorations of how individuals or …
Persistent link: https://www.econbiz.de/10011664189
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 … evaluations when income is rising vs. falling , and this causes a corresponding asymmetry in the response of happiness to the …
Persistent link: https://www.econbiz.de/10012604148
This article comments on the role of empirical subjective well-being research in public policy within a constitutional, procedural perspective of government and state. It rejects the idea that, based on the promises of the measurement, we should adopt a new policy perspective that is oriented...
Persistent link: https://www.econbiz.de/10012118051
). While a number of empirical studies demonstrate that higher religiosity is associated with higher happiness at the level of …
Persistent link: https://www.econbiz.de/10012023181
This paper focuses on the effect of uncertainty as reflected by financial market variables on subjective well-being. The analysis is based on Eurobarometer surveys, covering 20 countries over the period from 2000 to 2013. Individuals report lower levels of life satisfaction in times of higher...
Persistent link: https://www.econbiz.de/10011589397
Most of the studies on subjective well-being focus on the determinants of absolute life satisfaction or happiness …
Persistent link: https://www.econbiz.de/10012241824
Using the happiness survey data, a robust body of literature has supported that people's subjective well-being is … related to economic growth, employment, and inflation. Motivated by "Happiness Economics," this paper focuses on financial …
Persistent link: https://www.econbiz.de/10014500981
This paper analyzes the e ffect of regional income inequality within countries on individual life satisfaction. We use data from the World Values Survey (WVS) and the European Values Survey (EVS) containing approximately 97,000 observations from 1981-2008. Regional income inequality is measured...
Persistent link: https://www.econbiz.de/10010489285