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Previous research has found that subjective well-being (SWB) is lower for individuals classified as being in poverty … with the state-level poverty ratio while controlling for individual poverty status and poverty intensity. The negative … relationship between aggregate poverty and SWB is more salient in the upper segments of the income distribution and is robust to …
Persistent link: https://www.econbiz.de/10011582002
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/10010493169
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/10010252812
Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is time which enables and restricts individual activities and is a further brick to a more comprehensive picture of individual well-being. In our study we focus on a prominent part...
Persistent link: https://www.econbiz.de/10011975532
The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being when facing major life events. Based on individual panel data, we compare people's forecast of their life...
Persistent link: https://www.econbiz.de/10011334546
Self-reported satisfaction measures respond to a great variety of socio-demographic characteristics as well as the job and living environment. In this paper we ask whether the recent financial market crisis has caused a deterioration of satisfaction not only for the unemployed but also for those...
Persistent link: https://www.econbiz.de/10010128239
Happiness is strongly associated with goal attainment, productivity, mental health and suicidal risk. This paper examines the effect of satisfaction with areas of life on subjective well-being (SWB), the importance of relative perceptions compared to absolute measures in predicting overall life...
Persistent link: https://www.econbiz.de/10012520508
Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on subjective well-being it is possible...
Persistent link: https://www.econbiz.de/10011630450
poverty and affluence poles and regimes, for fulltime selfemployed, employees and subsequently for further socio …
Persistent link: https://www.econbiz.de/10012703698
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/10010209215