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We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use … satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …
Persistent link: https://www.econbiz.de/10011199854
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …
Persistent link: https://www.econbiz.de/10011267924
This publication concentrates on the complex interplay between poverty, wealth and life satisfaction. Main areas of … life are quantified in a multidimensional approach of poverty and wealth: Individual income, current health, occupational … from 1998-2009 is examined. This study has two main goals: (1) To contribute to the interconnection between poverty, wealth …
Persistent link: https://www.econbiz.de/10010717496
The thoughts that an individual has about the future contribute substantially to their life satisfaction in a positive or negative direction. This is a result found via five different methods, some of which control for personality and disposition and the potential endogeneity of thoughts and...
Persistent link: https://www.econbiz.de/10011185790
The Berlin Aging Study II (BASE-II) is a multidisciplinary study that allows for the investigation of how a multitude of health status factors as well as many other social and economic outcomes interplay. The sample consists of 1,600 participants aged 60 to 80, and 600 participants aged 20 to...
Persistent link: https://www.econbiz.de/10011128949
Using life satisfaction as a direct measure of individual utility has become popular in the empirical economic literature. In this context, it is crucial to know what circumstances or changes the measure is sensitive to. Is life satisfaction a volatile concept that is affected by minor changes...
Persistent link: https://www.econbiz.de/10005017395
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10005018693
Sleep is an important part of life, with an individual spending an estimated 32 years of her life asleep. Despite this importance, little is known about life satisfaction and sleep duration. Using German panel data, it is shown that sleep is an important factor for life satisfaction and that...
Persistent link: https://www.econbiz.de/10011240795
By using longitudinal data the relation between satisfaction with life and unemployment is analyzed in this study. Data used in this publication were made available by the German Socio Economic Panel Study (SOEP) at the German Institute for Economic Research (DIW Berlin), Berlin. A period from...
Persistent link: https://www.econbiz.de/10010896240
German Socio-Economic 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...
Persistent link: https://www.econbiz.de/10011267912