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We present results from the Cape Area Panel Study dataset investigating how social comparisons with regard to income … social comparisons affect subjective wellbeing, both relative to neighbours and relative to oneself in the past. Objective … measures of wellbeing also influence happiness, but this is more prevalent in interpersonal than inter-temporal comparisons. It …
Persistent link: https://www.econbiz.de/10010754429
Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often interpreted as an indicator for (economic) well-being, it first and foremost monitors economic activity, and falls short of reflecting broader measures which try to capture...
Persistent link: https://www.econbiz.de/10012133155
I set out a new method for estimating true (Konüs) PPPs. Household consumption per head deflated by these PPPs answers the question: by how much must the average expenditure per head of poor country A be increased to enable the typical inhabitant of A to enjoy the same utility level as the...
Persistent link: https://www.econbiz.de/10009323006
I set out a new method for estimating true (Konüs) PPPs. Household consumption per head deflated by these PPPs answers the question: by how much must the average expenditure per head of poor country A be increased to enable the typical inhabitant of A to enjoy the same utility level as the...
Persistent link: https://www.econbiz.de/10011071065
Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income but a broader spectrum of dimensions is required to draw the picture of multiple facets of individual life. In our study of multidimensional polarization we extend the income...
Persistent link: https://www.econbiz.de/10012703081
Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income but a broader spectrum of dimensions is required to draw the picture of multiple facets of individual life. In our study of multidimensional polarization we extend the income...
Persistent link: https://www.econbiz.de/10012703698
We investigate factors affecting happiness on a sample of Italian secondary school students. We find that money matters since family's house ownership, mortgages and (class) relative wealth significantly affect life satisfaction. Other crucial factors are geographical residence (those living in...
Persistent link: https://www.econbiz.de/10013066589
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012195532
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life", such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012169722
We investigate factors affecting happiness on a sample of Italian secondary school students. We find that money matters since family’s house ownership, mortgages and (class) relative wealth significantly affect life satisfaction. Other crucial factors are geographical residence (those living...
Persistent link: https://www.econbiz.de/10009492681