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Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in wellbeing has shrunk. In the early 1970s data revealed much lower levels of subjective well‐being...
Persistent link: https://www.econbiz.de/10011186027
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10011186031
This article looks at the influence of living conditions on the life satisfaction of men and women over 60 years of age in ten European countries using data from the European survey SHARE 2004 (wave 1). Whether living alone or with a partner, women report being less satisfied with their lives...
Persistent link: https://www.econbiz.de/10011187546
This paper studies whether pro-environmental consumption choices are consistent with utility maximization and what role the consumption behavior of reference persons and one's own past behavior play in this context. By combining data on individuals' pro-environmental consumption from a unique...
Persistent link: https://www.econbiz.de/10011043622
We analyse the influence of climate on average life satisfaction in 79 countries using data from the World Values Survey. Climate is described in terms of ‘degree-months’ calculated as the cumulated monthly deviations from a base temperature of 65°F (18.3°C). Our results suggest that...
Persistent link: https://www.econbiz.de/10011043719
Concerns for environmental quality and its impact on people's welfare are fundamental arguments for the adoption of environmental legislation in most countries. In this paper, we analyze the relationship between air quality and subjective well-being in Europe. We use a unique dataset that merges...
Persistent link: https://www.econbiz.de/10011043759
We argue that perceived fairness of the income generation process affects the association between income inequality and subjective well-being, and that there are systematic differences in this regard between countries that are characterized by a high or, respectively, low level of actual...
Persistent link: https://www.econbiz.de/10011048143
This paper presents a formalization and modification of Martin Seligman’s concept of full life, employing basic microeconomics. A class of Stone–Geary utility functions is proposed as an analytical tool for scrutinizing individual decision making with respect to a pleasant, engaged and...
Persistent link: https://www.econbiz.de/10011051358
► Present work tests the cross-country comparability of a happiness equation including proxies of social capital and relational goods. ► It focuses on two extremely opposite groups of countries: the richest and the poorest ones. ► The happiness equation is stable in the two groups of...
Persistent link: https://www.econbiz.de/10011051759
Given the increasingly prominent role the Internet plays in people's daily life, understanding its influence on individual well-being is crucial. Internet use yields direct utility and economic returns that may increase life satisfaction. But the Internet might also have detrimental effects...
Persistent link: https://www.econbiz.de/10011051776