Um die soziale Wohlfahrt anhand verschiedener Indikatoren, die das Wohlbefinden der Menschen beeinflussen, zu messen, muss man klären, wie wichtig die einzelnen Indikatoren sind. Die OECD lädt mit dem Better Life Index alle Menschen ein, selbst zu entscheiden, wie wichtig ihnen die einzelnen...

Using data from the German Socio-Economic Panel from 1984-2009, we follow persons from their working life into their retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long-term unemployed people report a substantial increase in...

Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing one's job reduces the willingness to take risks. This effect strengthens in...

Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs and delayed gains. The model shows that impatient...

Work as well as family life are crucial sources of human wellbeing, which however often interfere. This is especially so if partners work in the same occupation or industry. At the same time, being work-linked may benefit their career success. Still, surprisingly little is known about the...

Using individual monthly panel data from December 2018 to December 2020, we estimate the impact of the Covid-19 pandemic and two lockdowns on the mental health and subjective well-being of German workers. Employing an event-study design using individual-specific fixed effects, we find that the...

Using individual monthly panel data from December 2018 to December 2020, we estimate the impact of the Covid-19 pandemic and two lockdowns on the mental health and subjective well-being of German workers. Employing an event-study design using individual-specific fixed effects, we find that the...

Governments will often look to publicly signal their efforts to tackle issues of concern as a way of garnering political support. Combining data on the public disclosure of anti-corruption efforts and individual well-being in China, we show that such signals may increase the salience of the...

Zu den Auswirkungen von Arbeitslosigkeit auf das Wohlbefinden gibt es bereits eine Vielzahl von Studien (für einen Überblick s. z.B. Suppa 2021). Allerdings basieren diese in der Regel nicht auf hochfrequenten (also in kurzen Zeitabständen erfassten) Daten und erheben meist nur ausgewählte...