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Results of life satisfaction regressions for more than 91,000 individuals are used to investigate how the macroeconomic crisis of 2008-2009 has affected subjective well-being (SWB) in 30 OECD countries. In a number of countries, the effect of the crisis on a representative person's SWB is of a...
Persistent link: https://www.econbiz.de/10010438702
rates of GDP growth, unemployment and inflation during the macroeconomic crisis of 2008-2009 have affected subjective well …
Persistent link: https://www.econbiz.de/10014137579
Persistent link: https://www.econbiz.de/10009158926
Persistent link: https://www.econbiz.de/10011427605
relationship between macroeconomics and subjective well-being by including the growth rate and the long-term interest rate as … additional variables in life satisfaction regressions. The paper finds that people care about growth and employment on the one … hand and stability on the other, where stability may alternatively be captured by the inflation rate or the long …
Persistent link: https://www.econbiz.de/10012773203
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10010302716
Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on subjective well-being it is possible...
Persistent link: https://www.econbiz.de/10011390612
Obesity has become a major health issue. Research in economics has provided important insights as to how technological progress reduced the relative price of food and contributed to the increase in obesity. However, the increased availability of food might well have overstrained will power and...
Persistent link: https://www.econbiz.de/10011390614
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10011390638
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10011422202