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Happy House : Spousal Weight and Individual Well-Being
Clark, Andrew; Etile, Fabrice - 2011
We use life satisfaction and Body Mass Index (BMI) information from three waves of the SOEP to test for social … in the utility function be positive. Using life satisfaction as a utility proxy, semi-parametric regressions show that … the correlation between satisfaction and own BMI is initially positive, but turns negative after some threshold …
Persistent link: https://www.econbiz.de/10014187322
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The importance of sampling frequency for estimates of well-being dynamics
Hoskins, Stephen; Johnston, David; Kunz, Johannes; … - 2024
Using a high-frequency panel survey, we examine the sensitivity of estimated self-reported well-being (SWB) dynamics to using monthly, quarterly, and yearly data. This is an important issue if SWB is to be used to evaluate policy. Results from autoregressive models that account for...
Persistent link: https://www.econbiz.de/10014580720
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Hedonic capital
Graham, Liam (contributor); Oswald, Andrew J. (contributor) - 2006
This paper proposes a new way to think about happiness. It distinguishes between stocks and flows. Central to the analysis is a concept we call 'hedonic capital'. The paper sets out a model of the dynamics of wellbeing in which bad life-shocks are smoothed by the drawing down of hedonic capital....
Persistent link: https://www.econbiz.de/10003309276
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Well-being across America
Oswald, Andrew J.; Wu, Stephen - 2009
the states of America. From this sample of 1.3 million US citizens, we analyze measures of life satisfaction and mental … capita. Correcting for people's incomes, satisfaction with life is lowest in the rich states. We discuss implications for the …
Persistent link: https://www.econbiz.de/10003923896
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Misery loves company : exogenous shocks in retirement expectations and social comparison effects on subjective well-being
Montizaan, Raymond; Vendrik, Maarten C. - 2012
on the job satisfaction of workers who are close to retirement. The reform implies that public sector workers born on … public sector workers born in 1949 and 1950, we find strong and persistent effects on job satisfaction that are sizable … compared to income effects on well-being. The drop in satisfaction is strongly affected by social comparisons with colleagues …
Persistent link: https://www.econbiz.de/10009627365
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On the common claim that happiness equations demonstrate diminishing marginal utility of income
Oswald, Andrew J. (contributor) - 2005
It is commonly claimed in the recent happiness literature in psychology and economics that we have proved diminishing marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility function and concavity of the reporting function. --...
Persistent link: https://www.econbiz.de/10003257643
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Misery Loves Company : Exogenous Shocks in Retirement Expectations and Social Comparison Effects on Subjective Well-Being
Montizaan, Raymond Michel - 2012
on the job satisfaction of workers who are close to retirement. The reform implies that public sector workers born on … public sector workers born in 1949 and 1950, we find strong and persistent effects on job satisfaction that are sizable … compared to income effects on well-being. The drop in satisfaction is strongly affected by social comparisons with colleagues …
Persistent link: https://www.econbiz.de/10013099707
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Death, Happiness, and the Calculation of Compensatory Damages
Oswald, Andrew J. - 2007
This paper studies the mental distress caused by bereavement. The largest emotional losses are from the death of a spouse; the second-worst in severity are the losses from the death of a child; the third-worst is the death of a parent. The paper explores how happiness regression equations might be...
Persistent link: https://www.econbiz.de/10012775562
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Is Well-Being U-Shaped Over the Life Cycle?
Blanchflower, David G. - 2007
We explore the idea that happiness and psychological well-being are U-shaped in age. The main difficulty with this argument is that there are likely to be omitted cohort effects (earlier generations may have been born in, say, particularly good or bad times). First, using data on 500,000...
Persistent link: https://www.econbiz.de/10012775694
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Theoretical Unification in Justice and Beyond
Jasso, Guillermina - 2021
The goal of scientific work is to understand more and more by less and less. In this effort, theoretical unification plays a large part. There are two main types of theoretical unification - unification of different theories of the same field of phenomena and unification of theories of different...
Persistent link: https://www.econbiz.de/10013317201