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Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And … does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own …
Persistent link: https://www.econbiz.de/10011600854
Economic disruption in East Germany at the time of unification resulted in a noticeable drop in life satisfaction. By the late 1990s East Germany's life satisfaction had recovered to about its 1990 level, and its shortfall relative to West Germany was slightly less than that before unification....
Persistent link: https://www.econbiz.de/10011600741
Economic disruption in East Germany at the time of unification resulted in a noticeable drop in life satisfaction. By the late 1990s East Germany's life satisfaction had recovered to about its 1990 level, and its shortfall relative to West Germany was slightly less than that before unification....
Persistent link: https://www.econbiz.de/10005069133
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … has dropped in countries that have experienced income growth (but not in those that did not). Modern growth has reduced … this greater happiness homogeneity. This new stylized fact comes as an addition to the Easterlin paradox, offering a …
Persistent link: https://www.econbiz.de/10010334229
-run income growth. This mean-preserving declining spread in happiness comes about via falls in both the share of individuals who …This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an …
Persistent link: https://www.econbiz.de/10010287229
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … has dropped in countries that have experienced income growth (but not in those that did not). Modern growth has reduced … contributed to this greater happiness homogeneity. This new stylized fact comes as an addition to the Easterlin paradox,offering a …
Persistent link: https://www.econbiz.de/10011267929
-run income growth. This mean-preserving declining spread in happiness comes about via falls in both the share of individuals who …This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an …
Persistent link: https://www.econbiz.de/10010565839
to neighbours has a negative coefficient, implying that living in a high-income neighbourhood increases happiness. The …
Persistent link: https://www.econbiz.de/10011600858
to neighbours has a negative coefficient, implying that living in a high-income neighbourhood increases happiness. The …
Persistent link: https://www.econbiz.de/10005017414
inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys … (which are based directly on the scale of reported happiness) could be biased upwards if true utility is convex with respect … to reported happiness. We find some evidence of such bias, but it is small-yielding a new estimated elasticity of 1 …
Persistent link: https://www.econbiz.de/10011600696