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Perhaps the most important change of the last century was the great expansion of life itself -- in the US alone, life expectancy increased from 48 to 78 years. Recent economic estimates confirm this claim, finding that the economic value of the gain in longevity was on par with the value of...
Persistent link: https://www.econbiz.de/10012758603
highly significant interactions. Results are presented for life evaluations and (in some surveys) for happiness yesterday, in …
Persistent link: https://www.econbiz.de/10012909906
This paper surveys evidence documenting positive linkages among social capital, prosocial behaviour, and subjective well-being. Whether in the workplace, at home, in the community, or among nations, better and deeper social connections, and especially higher levels of trust are linked to higher...
Persistent link: https://www.econbiz.de/10013224954
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of … inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies … among individuals. Its correlation with both happiness levels and social trust is substantially stronger than the …
Persistent link: https://www.econbiz.de/10013000535
In this paper we analyze the relationship between turnover-driven growth and subjective wellbeing, using cross-sectional MSA level US data. We find that the effect of creative destruction on wellbeing is (i) unambiguously positive if we control for MSA-level unemployment, less so if we do not;...
Persistent link: https://www.econbiz.de/10013024862
This paper discusses several competing proposals for general normative frameworks that would encompass non-standard models of choice. Most existing proposals equate welfare with well-being. Some assume that well-being flows from the achievement of well-defined objectives, and that those...
Persistent link: https://www.econbiz.de/10012758023
We show that, without strong auxiliary assumptions, it is impossible to rank groups by average happiness using survey …-to-Opportunity increases happiness, men have become happier relative to women, and an Easterlin paradox exists depends on whether happiness is …
Persistent link: https://www.econbiz.de/10013057415
We propose a social choice rule for aggregating preferences elicited from surveys into a marginal adjustment of policy from the status quo. The mechanism is: (i) symmetric in its treatment of survey respondents; (ii) ordinal, using only the orientation of respondents' indifference surfaces;...
Persistent link: https://www.econbiz.de/10013087052
We replicate nine key results from the happiness literature: the Easterlin Paradox, the ‘U-shaped' relation between … happiness and age, the happiness trade-off between inflation and unemployment, cross-country comparisons of happiness, the … impact of the Moving to Opportunity program on happiness, the impact of marriage and children on happiness, the ‘paradox' of …
Persistent link: https://www.econbiz.de/10012914253
unpleasant state. In this paper I review cross-country evidence on happiness and life satisfaction and consider whether these … measures happiness is higher for the more educated, for married people, for those with higher income and for whites and lower …, there is a large body of data on happiness that is unavailable on the U-index. For example, according to happiness research …
Persistent link: https://www.econbiz.de/10012758405