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The past literature found evidence for the presence of endogeneity issues due to individuals' heterogeneity and omitted time-varying variables in the relationship between income and life satisfaction on the micro-level for the UK (Powdthavee (2010)). The aim of the present contribution is to put...
Persistent link: https://www.econbiz.de/10013081364
We analyse responses to two similar life satisfaction questions asked during the same interview for each respondent in a major cross-country household survey covering the transition region, Turkey and five Western European countries. We show that while the answers to the two questions are...
Persistent link: https://www.econbiz.de/10013044335
The “transition happiness gap” has been one of the most robust findings in the life satisfaction literature. Until very … in 2015-16) and the 2010-2016 waves of the annual Gallup World Poll. We find that by 2016 the transition happiness gap … had closed. This “happiness convergence” has taken place both due to a “happiness recovery” in post-communist countries …
Persistent link: https://www.econbiz.de/10012932682
This paper examines the effects of reforms and religion on happiness in transition economies. Earlier literature … suggests that religiosity insures happiness against various individual stressful life events. This phenomenon is well … negative effects on happiness. Religiosity indeed insures happiness and perceptions of economic and political situations …
Persistent link: https://www.econbiz.de/10010931330
Most comparative research suggests that immigrants from post-socialist countries earn less than natives, work in jobs for which they are overqualified, and may experience unhappiness compared with natives, other immigrants, and non-migrants. In contrast, one study presents causal evidence which...
Persistent link: https://www.econbiz.de/10011433593
This paper focuses on the effects of reforms and religion on happiness in transition economies. Previous literature … suggests that religiousness insures happiness against individual stressful life events, such as unemployment, disability, or … marital separation. I estimate an econometric model to study if religion also insures against aggregate shocks to happiness …
Persistent link: https://www.econbiz.de/10014189622
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/10011555565
happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a … happiness. For some countries their estimated growth rates of happiness and GDP are not trend rates, but those observed in … cyclical expansion or contraction. Mixing these short-term with long-term growth rates shifts a happiness-GDP regression from a …
Persistent link: https://www.econbiz.de/10011450390
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
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012391355