Using four waves of the European Social Survey (179,273 individuals from 29 countries) the authors analyze the association of reduction of income inequality (redistribution) with subjective wellbeing. Their results provide evidence that people in Europe are negatively affected by income...

German panel data is used to show that the decrease in life satisfaction caused by an increase in the probability of losing work is higher when self-employed than when paid employed. Further estimations reveal that becoming unemployed reduces self-employed workers´ satisfaction considerably...

Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as worsened working conditions, or increased future...

In den letzten Jahren hat sich ein breiter Literaturstrang etabliert, der neue Formen paternalistischer Interventionen vorschlägt, um individuelle Entscheidungen zu verbessern, die nicht vollständig rational sind. Die Motivation hierfür liegt in zahlreichen Verhaltensanomalien und anderen...

We argue that perceived fairness of the income generation process affects the association between income inequality and subjective well-being, and that there are systematic differences in this regard between countries that are characterized by a high or, respectively, low level of actual...

We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life satisfaction falls with both the incidence and intensity...

In recent years, Bolivia has experienced a series of economic and political transformations that have directly affected the labor markets, particularly the salaried urban sector. Real wages have shown strong increases across the distribution, while also presenting a decrease in inequality. Using...

The paper deals with the effects of social participation activities on life satisfaction. Using the German General Social Survey (ALLBUS) for 2010, marginal effects of binary probit estimations on life satisfaction are presented. Strong gender differences are observable. While sport, welfare or...

This paper relates indicators of household financial stress to household income and expenditure with the objective of identifying household stress thresholds and comparable equivalence scales. A model is proposed whereby households try to absorb income shocks or shifts by shrinking consumption...

This paper investigates welfare gains and channels of risk sharing among 14 Middle Eastern and North African (MENA) countries, including the oil-rich Gulf region and the resource scarce economies such as Egypt, Morocco and Tunisia. The results show that, for the 1992-2009 period, the overall...