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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
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
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
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/10005017426
We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German panel data. We compare non-employed individuals after plant closures with employed people regarding both income and time use as well as their subjective perceptions of these two...
Persistent link: https://www.econbiz.de/10011719306
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/10011185778
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/10010322347
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly sensitive to simple parameter changes. Using large-scale...
Persistent link: https://www.econbiz.de/10010313034
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly sensitive to simple parameter changes. Using large-scale...
Persistent link: https://www.econbiz.de/10010659950