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Study (SOEP), the estimation of a dynamic panel data model provides evidence that adaptation takes place within a relatively …This paper looks at the information content of satisfaction scores. It is argued that the information content depends … on the extent to which people adapt to living conditions in general. Using data from the German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10008825528
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … sensitive to simple parameter changes. Using large-scale panel data from Germany and the UK, I report cases where plausible … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …
Persistent link: https://www.econbiz.de/10009747812
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …
Persistent link: https://www.econbiz.de/10010252812
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …
Persistent link: https://www.econbiz.de/10010440553
individual panel data allow exploiting important methodological advantages. Novelties of our test of the Easterlin hypothesis are … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation …. Using long-term panel data for Germany and the United Kingdom, we do not find robust evidence for a relationship between GDP …
Persistent link: https://www.econbiz.de/10009747819
individual panel data allow exploiting important methodological advantages. Novelties of our test of the Easterlin hypothesis are … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation …. Using long-term panel data for Germany and the United Kingdom, we do not find robust evidence for a relationship between GDP …
Persistent link: https://www.econbiz.de/10010338942
: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction …
Persistent link: https://www.econbiz.de/10011634082
Study (SOEP), the estimation of a dynamic panel data model provides evidence that adaptation takes place within a relatively …This paper looks at the information content of satisfaction scores. It is argued that the information content depends … on the extent to which people adapt to living conditions in general. Using data from the German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10008574053
income. The model is estimated using a large German panel data set. …
Persistent link: https://www.econbiz.de/10011326415
The thoughts that an individual has about the future contribute substantially to their life satisfaction in a positive … disposition and the potential endogeneity of thoughts and life satisfaction. The reduction in life satisfaction experienced by … individuals' thoughts about the future substantially increases the explanatory power of standard life satisfaction models. Life …
Persistent link: https://www.econbiz.de/10010462152