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The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason for the contradiction is social comparison. At a point...
Persistent link: https://www.econbiz.de/10012372750
poverty and affluence poles and regimes, for fulltime selfemployed, employees and subsequently for further socio …
Persistent link: https://www.econbiz.de/10012703081
This paper is intended to shed light on the extent of poverty in the Russian Federation. We present estimates of … poverty lines and poverty ratios derived from subjective questions used in a during data collection for a large household … panel (RUSSET). We estimate poverty using a subjective approach, where the level of the poverty line is derived using the …
Persistent link: https://www.econbiz.de/10011391770
fuel poverty and a set of well-being outcomes: life-satisfaction, self-reported health measures and more objectively … fuel poverty and our well-being outcomes. Employing combined fuel deprivation indicators, which takes into account the … energy policy instruments for uncovering the underlining mechanism via which fuel poverty may get "under the skin". …
Persistent link: https://www.econbiz.de/10012603850
In recent years considerable interest has developed in going 'beyond GDP' to develop measures of economic progress which are more explicitly based on human wellbeing. This work has been inspired, in part, by Sen's non-utilitarian approach to welfare economics, but has been constrained by a lack...
Persistent link: https://www.econbiz.de/10011455707
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10009152425
long term income poverty (longitudinal poverty) in 22 EU countries for the period 2005-2008, using the longitudinal …) longitudinal poverty. The results reveal considerable differences across EU countries regarding both the level and the structure of … the population at high risk of chronic material deprivation and longitudinal poverty. Finally, each country's population …
Persistent link: https://www.econbiz.de/10011452698
We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income hypothesis (RIH) and altruism). The relationship is...
Persistent link: https://www.econbiz.de/10011476321
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
This paper examines the importance of relative deprivation in Tanzania, a poor African country, using three waves of the Tanzanian National Panel Survey. We contribute to earlier literature in Africa by controlling for time persistent unobservable individual characteristics (panel data) and by...
Persistent link: https://www.econbiz.de/10012129871