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happiness. It is argued in this paper that an overall "happiness effect" is not very informative because of the presumably large … their life will be best this way, and their happiness therefore tells us little about how happy their more fertile … the fertility-happiness research. In addition, there is a more "standard" selection problem: factors with implications for …
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U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income … SWB data from the U.S. Gallup Healthways Well-Being Index and income inequality data from the American Community Survey …-dependent and measure-dependent: income inequality is SWB-diminishing in large regions for all measures, SWB-diminishing in small …
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John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
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A large number of empirical studies have investigated the link between social status and happiness, yet in …
Persistent link: https://www.econbiz.de/10011738892
) is more relevant for individual happiness of middle class members. The aggregate income vulnerability of the middle class … costs in terms of happiness. They therefore support the development of policies to reduce income uncertainty. …This paper evaluates the importance of middle class vulnerability to poverty for subjective well-being (happiness) in …
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We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income … could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income … subjective well-being (SWB) data from the U.S. Gallup-Healthways Well-Being Index and geographically-based median-income data …
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Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …
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