Does subjective well-being dynamically adjust to circumstances?

This paper introduces a simple model to estimate the dynamic adjustment of subjective well-being that results from an updating of expectations in response to changing circumstances. Empirical evidence indicates that adjustment takes place within a relatively short window of time.

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Year of publication:	2012
Authors:	Wunder, Christoph
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 3, p. 750-752
Publisher:	Elsevier
Subject:	Subjective well-being \| Adaptation level \| Dynamic panel data model

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Type of publication:	Article
Classification:	C23 - Models with Panel Data ; I31 - General Welfare; Basic Needs; Quality of Life
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010594149