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If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970). The most powerful childhood...
Persistent link: https://www.econbiz.de/10010700735
Persistent link: https://www.econbiz.de/10005073974
Several papers in the literature on intra-household allocation have suggested that various household ‘outcomes’, such as demands, saving, child health etc., depend on the distribution of income within the household. Implicit in these analyses is that a higher share of household income for...
Persistent link: https://www.econbiz.de/10005749486
The well-being of a person is reflected in the language used. Building on 1,400 letters written by three famous music composers, I obtain well-being indices that span their lifetime. The validity of this methodology is shown by linking the indices with biographical information and through...
Persistent link: https://www.econbiz.de/10010818961
This study examines the role of socio-demographic determinants on individual’s level of happiness. Primary survey data on Penang, Malaysia is used for analysis. Based on the findings, being married and Malay are associated with higher probability of feeling very happy or happy. Nevertheless,...
Persistent link: https://www.econbiz.de/10008871307
As well as being a growing academic literature, SWB is now firmly on the public policy agenda. Likewise, the sports industry is viewed as being of growing economic significance, reflected in its promotion in public policy. This paper explores the impact of engagement with sports on individual...
Persistent link: https://www.econbiz.de/10009024558
This paper uses the gap between the level of an economy’s well-being and that of a people’s well-being as a measure of the overall economic ill-being in a society. In particular, it argues that such disparity is measurable using objective measures of and subjective measures for inflation and...
Persistent link: https://www.econbiz.de/10011109638
unemployment, inflation or income inequality. Such aggregate factors could impact individual happiness per se because they are … related to the perception of an aggregate risk of unemployment or income fall. In order to strengthen this interpretation … proposes an evaluation of the welfare cost of unemployment and inflation (in terms of happiness and life satisfaction), in each …
Persistent link: https://www.econbiz.de/10011167102
unemployment can explain more of the cross- country variation in happiness than income per capita. …
Persistent link: https://www.econbiz.de/10005560958
of our analyses is on the pattern of life, job and health satisfaction over time and the influence of unemployment rates …. Looking at the impact of macroeconomic indicators such as GDP growth, inflation and unemployment, we find mostly diverse … between self-reported satisfaction and the regional unemployment rate: The higher regional unemployment the more satisfied …
Persistent link: https://www.econbiz.de/10010322347