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Macroeconomics and Life Satisfaction : Revisiting the 'Misery Index'

Welsch, Heinz - 2008

relationship between macroeconomics and subjective well-being by including the growth rate and the long-term interest rate as … additional variables in life satisfaction regressions. The paper finds that people care about growth and employment on the one … hand and stability on the other, where stability may alternatively be captured by the inflation rate or the long …

Persistent link: https://www.econbiz.de/10012773203

Testing the easterlin hypothesis with panel data : the dynamic relationship between life satisfaction and economic growth in Germany and the UK

Pfaff, Tobias; Hirata, Johannes - 2013 - This version: February, 2013

Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross-section but not over time) on a global level. We make a case for testing the Easterlin hypothesis at the country level where individual panel data allow exploiting important...

Persistent link: https://www.econbiz.de/10009747819

Causal linkages between work and life satisfaction and their determinants in a structural VAR approach

Coad, Alexander; Binder, Martin - 2014

Work and life satisfaction depends on a number of pecuniary and nonpecuniary factors at the workplace and determines these in turn. We analyze these causal linkages using a structural vector autoregression approach for a sample of the German working populace collected from 1984 to 2008, finding...

Persistent link: https://www.econbiz.de/10010365069

Revisiting cheerful Jane and miserable John : the impact of income, good health, social contacts and education declines with increasing subjective well-being

Binder, Martin - 2015

This short note seeks to replicate the quantile regression analysis in Binder and Coad (2011), but taking into account individual-specific fixed effects (using the BHPS data set). It finds declining effects of the four main variables of interest (health, social life, income, education) over the...

Persistent link: https://www.econbiz.de/10011285402

The happiness gains from sorting and matching in the labor market

Lüchinger, Simon (contributor); Stutzer, Alois (contributor) - 2007

Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on subjective well-being it is possible...

Persistent link: https://www.econbiz.de/10003469877

Putting a price tag on security : subjective well-being and willingness-to-pay for crime reduction in Europe

Brenig, Mattheus; Proeger, Till - 2016

Using information on life satisfaction and crime from the European Social Survey, we apply the life satisfaction approach (LSA) to determine the relationship between subjective well-being (SWB), income, victimization experience, fear of crime and various regional crime rates across European...

Persistent link: https://www.econbiz.de/10011436848

Measuring renewable energy externalities : evidence from subjective well-being data

Möllendorff, Charlotte von; Welsch, Heinz - 2015

Electricity from renewable sources avoids disadvantages of conventional power generation but often meets with local resistance due to visual, acoustic, and odor nuisance. We use representative panel data on the subjective well-being of 46,678 individuals in Germany, 1994 - 2012, for identifying...

Persistent link: https://www.econbiz.de/10011305328

Direct evidence for income comparisons and subjective well-being across reference groups

Goerke, Laszlo; Pannenberg, Markus - 2015 - Substantially rev. version

This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB...

Persistent link: https://www.econbiz.de/10011344536

Optimism, pessimism and life satisfaction : an empirical investigation

Piper, Alan T. - 2019 - This version: February 2019

This empirical investigation into life satisfaction, using nationally representative German panel data, finds a substantial association with an individual's thoughts about the future, whether they are optimistic or pessimistic about it. Furthermore, including individuals' optimism and pessimism...

Persistent link: https://www.econbiz.de/10011986907

Long-run effects of lottery wealth on psychological well-being

Lindqvist, Erik; Östling, Robert; Cesarini, David - 2018

We surveyed a large sample of Swedish lottery players about their psychological well-being and analyzed the data following pre-registered procedures. Relative to matched controls, large-prize winners experience sustained increases in overall life satisfaction that persist for over a decade and...

Persistent link: https://www.econbiz.de/10011868357