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domain satisfactions and Subjective Well-Being by objectively measurable variables such as income. We estimate a model for …
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sensitivity of income estimates used in valuation. We address the endogeneity issue by decomposing wellbeing losses into those … relative who had not had an accident. We use of the Fixed Effects Filtered (FEF) estimator to enable the permanent income … coefficient to be estimated free from individual fixed effects bias. This estimate is used instead of the transient income effect …
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This paper tests the empirical validity of Easterlin’s paradox, the absolute and relative income theorems which … the Easterlin Paradox and are concurrent across multiple measures of SWB – happiness and life satisfaction. The analysis … suggests richer countries have greater life satisfaction and are happier than poorer countries. Moreover, both SWB measures are …
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suggest that close to 90% of the respondents actually seek to maximize their SWB. The life satisfaction question appears the …
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