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The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012391355
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012372750
unemployment rate). We find that the satisfaction of unemployed people (relative to employed people) is lower when the unemployment … regarding the happiness scores. Our results do not support the “social norm of unemployment” hypothesis that states that the …
Persistent link: https://www.econbiz.de/10012293991
. These data provide information on citizens' happiness, levels of customer satisfaction, employees' satisfaction, mental …
Persistent link: https://www.econbiz.de/10012603839
Persistent link: https://www.econbiz.de/10010354357
pronounced for male unemployed in west Germany. The effect is driven by income and income satisfaction, but not by the …Since the labor market reforms around 2005, known as the Hartz reforms, Germany has experienced declining unemployment … rates. However, little is known about the reforms' effect on individual life satisfaction of unemployed workers. This study …
Persistent link: https://www.econbiz.de/10012285201
children's long-term life satisfaction. The historical setting under study, namely the former German Democratic Republic (GDR … positive parental leave effects on life satisfaction. We also analyze whether the increase in life satisfaction is driven by a … in life satisfaction might be partially explained by personality development for individuals from low socioeconomic …
Persistent link: https://www.econbiz.de/10012064990
children's long-term life satisfaction. The historical setting under study, namely the former German Democratic Republic (GDR … positive parental leave effects on life satisfaction. We also analyze whether the increase in life satisfaction is driven by a … in life satisfaction might be partially explained by personality development for individuals from low socioeconomic …
Persistent link: https://www.econbiz.de/10012123526
To analyze well-being effects of minimum wages, the introduction of a minimum wage in Germany in 2015 is used as a …, job, and pay satisfaction between those who are affected by the reform according to their pre-intervention wages and those … satisfaction by 0.10 standard deviations (0.15 points on a ten-point Likert scale). Positive effects last at least until one year …
Persistent link: https://www.econbiz.de/10011844512
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010423769