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Life satisfaction and economic conditions in East and West Germany pre- and post-unification
Easterlin, Richard A.; Zimmermann, Anke C. - 2008
Economic disruption in East Germany at the time of unification resulted in a noticeable drop in life satisfaction. By the late 1990s East Germany's life satisfaction had recovered to about its 1990 level, and its shortfall relative to West Germany was slightly less than that before unification....
Persistent link: https://www.econbiz.de/10011632057
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Life Satisfaction and Economic Conditions in East and West Germany Pre- and Post-Unification
Easterlin, Richard A.; Zimmermann, Anke C. - 2008
Economic disruption in East Germany at the time of unification resulted in a noticeable drop in life satisfaction. By the late 1990s East Germany's life satisfaction had recovered to about its 1990 level, and its shortfall relative to West Germany was slightly less than that before unification....
Persistent link: https://www.econbiz.de/10014218992
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Reference income effects in the determination of equivalence scales using income satisfaction data
Borah, Melanie; Knabe, Andreas; Kuhställer, Carina - 2016
We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend previous studies applying this approach by taking reference income into account. This allows separating needs-based from reference effects in the determination of income...
Persistent link: https://www.econbiz.de/10011547742
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A Success Story? Happiness in the New Post-Communist EU Member States
Baltatescu, Sergiu - 2011
-economic transformations in these countries? Did they manage to increase their citizens’ happiness in this process? To give an answer to these … Development Indicators. Developments in average national happiness have been compared with the economic (GDP, optimism concerning … happiness levels …
Persistent link: https://www.econbiz.de/10014175782
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Subjective economic well-being in Eastern Europe
Hayo, Bernd; Seifert, Wolfgang - 2002
findings in happiness regressions, such as a negative but u-shaped age effect, positive influences of education and relative …
Persistent link: https://www.econbiz.de/10010494190
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Money, social capital and materialism : evidence from happiness data
Piekalkiewicz, Marcin - 2016
Are unhappiness, high concern for money and scarcity of social capital different faces of the same phenomenon? Economists tend to treat these variables as distinct correlates of well-being. On the contrary, positive psychologists argue that they all relate to materialism, a system of personal...
Persistent link: https://www.econbiz.de/10011454490
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Life satisfaction and relative income : perceptions and evidence
Mayraz, Guy; Wagner, Gert G.; Schupp, Jürgen - 2009
to neighbours has a negative coefficient, implying that living in a high-income neighbourhood increases happiness. The …
Persistent link: https://www.econbiz.de/10011635744
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Relative income and happiness : an Experiment
Ifcher, John; Zarghamee, Homa S.; Houser, Daniel; Diaz, Lina - 2018
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
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Does relative income matter? : are the critics right?
Layard, Peter R. G.; Mayraz, Guy; Nickell, Stephen J. - 2009
Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And … does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own …
Persistent link: https://www.econbiz.de/10011635703
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Income or leisure? : on the hidden benefits of (un-)employment
Chadi, Adrian; Hetschko, Clemens - 2017 - This version: August 8, 2017
We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German panel data. We compare non-employed individuals after plant closures with employed people regarding both income and time use as well as their subjective perceptions of these two...
Persistent link: https://www.econbiz.de/10011717715