The literature on subjective well-being (SWB) and the environment has found robust evidence of positive net marginal SWB from pro-environmental behavior (PEB), that is, positive marginal SWB net of the associated costs in terms of money, time and effort (Finding 1). Accordingly, people could...

Inflation rates have traditionally been measured by the annualized percentage change in the price level of a market basket of consumer goods and services purchased by households. The market basket represents the spending patterns of average household. However, households differ in their spending...

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...

This paper uses data on the life satisfaction of more than 100,000 individuals in 21 European countries, 2002-2011, to study the relationship between subjective well-being and the prices for households of electricity, oil and gas. We find that energy prices have statistically and economically...

In this paper subjective well-being measured by survey questions on life and material satisfaction is investigated. Our context is Hungary, between 2000 and 2002. We identify some basic variables that have important effect on how individuals perceive well-being in competitive pressure situation,...

Recent happiness studies by economists, sociologist and psychologists have produced many important new approaches and attitudes to focus less on objective variables and more on subjective well-being (SWB). Studies investigating life satisfaction (as a proxy of SWB) have identified strong...

In this paper we analyze whether people who spend money on experiences rather than material things are more satisfied. Previous psychological studies have several drawbacks, and therefore their results might be biased and unreliable. Trying to avoid these drawbacks in this research we use...

Using a cross-sectional survey with a representative sample of households from the metropolitan area centered on Montevideo, we evaluate first the factorial structure of the Latin American & Caribbean Household Food Security Scale (ELCSA) with an exploratory factor analysis. Secondly, using a...

Increasing evidence from the empirical economic and psychological literature suggests that positive and negative well-being are more than opposite ends of the same phenomenon. Two separate measures of the dependent variable may be needed when analyzing the determinants of subjective well-being....

Much progress has been made in recent years in developing and applying a direct measure of utility using survey questions on satisfaction with income and with life in general. In this paper we apply this new type of measurement to the study of money illusion. Using data from the German...