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variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10013081629
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …
Persistent link: https://www.econbiz.de/10012942102
Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is … polarization effects of parental child care where compensation/substitution of time for parental child care versus income is … multidimensional polarization intensity information for the poor and the rich and disentangles the single time and income contribution …
Persistent link: https://www.econbiz.de/10012870361
We provide a new explanation for the stronger relationship between income and subjective well-being (SWB) found in … permanent and transitory income shocks. The model predicts that SWB is affected by unanticipated rather than anticipated income …, and is more influenced by permanent rather than transitory income shocks. We hypothesize that share of cross …
Persistent link: https://www.econbiz.de/10013022568
Persistent link: https://www.econbiz.de/10012805322
This paper studies the links between income, sexual behavior and reported happiness. It uses recent data on a random … sample of 16,000 adult Americans. The paper finds that sexual activity enters strongly positively in happiness equations …. Greater income does not buy more sex, nor more sexual partners. The typical American has sexual intercourse 2-3 times a month …
Persistent link: https://www.econbiz.de/10013213088
Persistent link: https://www.econbiz.de/10013193374
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have a strongly depressing effect on happiness. Income only significantly raises happiness for higher income groups …
Persistent link: https://www.econbiz.de/10013321362