Powdthavee, Nattavudh; Stutzer, Alois - Institute for the Study of Labor (IZA) - 2014
are not indifferent to adverse living conditions when reporting their subjective well-being as observed for limited …. Together, the evidence suggests that reported subjective well-being is a valuable complementary source of information about … well-being gives reason to the assessment that happiness can change. First, empirical findings clearly indicate that people …