Showing 1 - 10 of 1,889
ongoing discussion of the relationship between life satisfaction and income. The panel property of the data makes it possible … to study also the impact on satisfaction from income changes as well as the impact from acceleration in income and … the impact on self-reported satisfaction from a number of economic and demographic variables. The paper contributes to the …
Persistent link: https://www.econbiz.de/10013154979
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10013120404
in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … oneself in the past (habituation). We review the evidence on relative income from the subjective well-being literature. We …
Persistent link: https://www.econbiz.de/10013316988
We develop a theoretical framework that integrates four distinct channels through which others' income can affect … utility: public goods, cost of living, expectations of future income, and direct effects (relative income hypothesis and …/or altruism). We empirically estimate the relationship with U.S. well-being and health data from Gallup and geographically …
Persistent link: https://www.econbiz.de/10012990876
While there is mounting evidence that large income shocks, e.g. in the form of a job loss, may impact health and … income constant, and health. This paper exploits rich survey data on the near-elderly in Canada paired with their … mortality, little evidence exist on the potential relationship between sustained income volatility, keeping average lifetime …
Persistent link: https://www.econbiz.de/10012857829
-described by four domains: job or daily activities, social contacts and family, health, and income. Among the four domains, social … contacts and family have the highest impact on global life satisfaction, followed by job and daily activities and health …We analyze the determinants of global life satisfaction in two countries (The Netherlands and the U.S.), by using both …
Persistent link: https://www.econbiz.de/10012764664
analysed by gender. Basic results are: health worsens, income declines and satisfaction is poorer with higher body mass index …Based on the German Socio-Economic Panel, the influence of the body mass index on health, earnings and satisfaction is … health estimates while satisfaction results fluctuate. Underweight women and especially underweight men tend to less …
Persistent link: https://www.econbiz.de/10012894066
This paper assesses the long-term subjective well-being and mental health toll of the Chernobyl disaster of 1986 in the … causal long-term effect of the disaster on life satisfaction is established by exploiting variation in official radiation … monetary terms, the estimated amount of income required to compensate for the experienced utility loss amounts to an annual …
Persistent link: https://www.econbiz.de/10013121334
We explore how involuntary and voluntary exits from self-employment affect life and health satisfaction. To that end …-employment exit) brings small improvements in health and life satisfaction, the negative psychological costs of business failure (i … physical health and behaviors such as smoking and drinking, implying that the costs of losing self-employment are largely …
Persistent link: https://www.econbiz.de/10012835267
the UK Understanding Society Innovation Panel survey. The randomised experiments relate to job, health, income, leisure … and overall life-satisfaction questions and vary the labeling of response scales, mode of interviewing, and location of … distribution of reported satisfaction measures, particularly for women. Results from the sort of conditional modeling used to …
Persistent link: https://www.econbiz.de/10013029643