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income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study …: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction … with income is more affected by ex ante than by ex post volatility of income. The ordinal version of the Van Praag approach …
Persistent link: https://www.econbiz.de/10011634082
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …
Persistent link: https://www.econbiz.de/10009747819
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … presented in Stevenson and Wolfers (2008, BROOKINGS PAP ECO AC), we now count three exceptions supporting Easterlin s happiness-income …
Persistent link: https://www.econbiz.de/10010338942
Previous literature has identified income, poor health and social relationships as the most important predictors of … income and social relationships vary with age in a wave-like fashion, while the negative marginal effect of poor health … and living in misery) and for men and women. The agerelated changes in the importance of income and social relationships …
Persistent link: https://www.econbiz.de/10014308146
ongoing discussion of the relationship between life satisfaction and income. The panel property of the data makes it possible … to study also the impact on satisfaction from income changes as well as the impact from acceleration in income and … the survey to the next. We find a strong impact from the level of income in all countries, an impact from change and …
Persistent link: https://www.econbiz.de/10003909280
A series of studies have suggested that changes in others' income may be perceived differently in post-transition and …' income divide the German nation. We find that the neighbourhood income effect for West Germany is negative (which is in line … with the "relative income" hypothesis) and slightly more marked in neighbourhoods that may be assumed to be places where …
Persistent link: https://www.econbiz.de/10008825922
income. The model is estimated using a large German panel data set. …
Persistent link: https://www.econbiz.de/10011326415
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10009747812
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
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10013081629