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Persistent link: https://www.econbiz.de/10010342482
age of 30 and who have higher income. We also provide evidence of a positive selection into parenthood, whereby happier …
Persistent link: https://www.econbiz.de/10011457380
This paper models the relationship between income and reported well-being using latent class techniques applied to … strongly reject the hypothesis that individuals transform income into well-being in the same way. We show that both individual … marginal effect of income on well-being across classes will be reflected in both behaviour and preferences for redistribution. …
Persistent link: https://www.econbiz.de/10010276946
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/10010280689
Persistent link: https://www.econbiz.de/10012129720
We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life satisfaction falls with both the incidence and intensity...
Persistent link: https://www.econbiz.de/10010493169
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life satisfaction falls with both the incidence and intensity of...
Persistent link: https://www.econbiz.de/10010440553
Persistent link: https://www.econbiz.de/10011692498
Persistent link: https://www.econbiz.de/10011751522
income and parental education) remain good predictors of well-being over 50 years later. In terms of the proximal covariates …
Persistent link: https://www.econbiz.de/10011760110