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In this study the relation between satisfaction with life and affluent income is analyzed by using cross-sectional and … effects social treadmill has on life satisfaction for humans with high income. A key result of the fixed-effect-regression is …
Persistent link: https://www.econbiz.de/10013128105
income. The effects on life-satisfaction are positive and significant for those under 45, consistent with Hirschman's (1973 … comparison income effect. In East Germany the reference income effects are insignificant for all. With data from the British …
Persistent link: https://www.econbiz.de/10013119018
We show that personality traits mediate the effect of income on Life Satisfaction. The effect is strong in the case of … results, we present a simple model where we assume that (i) Life Satisfaction is dependent from the gap between aspired and … that the gap between aspired and realized income increase with aspirations. From the estimation of this model we argue that …
Persistent link: https://www.econbiz.de/10013101866
Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is time which enables and restricts individual activities and is a further brick to a more comprehensive picture of individual well-being. In our study we focus on a prominent part...
Persistent link: https://www.econbiz.de/10012870361
Persistent link: https://www.econbiz.de/10012803482
Usually, it is expected that income increases life satisfaction. In recent years tough, research emerged that shows how … subjective well-being, including satisfaction, influences objective measures, as for example income. This would then require … explicit identification strategies for estimating effects of income on life satisfaction. I address this issue using German …
Persistent link: https://www.econbiz.de/10012621934
subjective equivalence scales using "life satisfaction" as a proxy variable for "utility". The cross-sectional scale estimates … German 1984-2010 Socio-Economic Panel (SOEP) database for West Germany. It follows the "individual variant" for calculating …
Persistent link: https://www.econbiz.de/10010128357
Persistent link: https://www.econbiz.de/10009542309
concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i …-being depending more on relative satisfaction than on absolute levels of income. This finding holds even after controlling for other …
Persistent link: https://www.econbiz.de/10013318984
Persistent link: https://www.econbiz.de/10009422210