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Do generous welfare states generate efficiency gains which counterbalance short run losses? : testing downside risk theory with economic panel data for the US, Germany and the Netherlands
Headey, Bruce; Muffels, Ruud J. A. - In: Social indicators research : an international and … 86 (2008) 2, pp. 337-354
Persistent link: https://www.econbiz.de/10003677849
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Towards a theory of life satisfaction : accounting for stability, change and volatility in 25-year life trajectories in Germany
Headey, Bruce; Muffels, Ruud J. A. - 2016
An adequate theory of Life Satisfaction (LS) needs to take account of both factors that tend to stabilise LS and those that change it. The most widely accepted theory in the recent past – set-point theory – focussed solely on stability (Brickman and Campbell, 1971; Lykken and Tellegen, 1996)....
Persistent link: https://www.econbiz.de/10011538173
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Towards a theory of life satisfaction accounting for stability, change and volatility in 25-year life trajectories in Germany
Headey, Bruce; Muffels, Ruud J. A. - 2016
An adequate theory of Life Satisfaction (LS) needs to take account of both factors that tend to stabilise LS and those that change it. The most widely accepted theory in psychology - setpoint theory - focussed solely on stability. That theory is now regarded as inadequate since several national...
Persistent link: https://www.econbiz.de/10011502854
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People typically experience extended periods of relative happiness or unhappiness due to positive feedback loops between LS and variables which are both causes and consequences of LS
Headey, Bruce; Muffels, Ruud J. A. - In: Schmollers Jahrbuch : journal of contextual economics 135 (2015) 1, pp. 97-108
Persistent link: https://www.econbiz.de/10011491467
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Mrs. Aristotele's teeth: how SOEP transformed life satisfaction research
Headey, Bruce; Muffels, Ruud J. A. - In: Innovation und Wissenstransfer in der empirischen …, (pp. 39-57). 2018
Persistent link: https://www.econbiz.de/10011809608
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Two-way causation in life satisfaction research : structural equation models with Granger-causation
Headey, Bruce; Muffels, Ruud J. A. - 2014
Two-way causation issues are the bete noire of life satisfaction research. As acknowledged in several landmark reviews, many variables routinely reported as causes or determinants of life satisfaction could equally well be consequences, or perhaps both causes and consequences (Diener, 1984; Diener,...
Persistent link: https://www.econbiz.de/10010440542
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Do Generous Welfare States Generate Efficiency Gains Which Counterbalance Short Run Losses? Testing Downside Risk Theory with Economic Panel Data for the U.S., Germany and the Netherlands
Headey, Bruce; Muffels, Ruud J. A. - 2012
The purpose of the paper is to assess the theory that the downside risk insurance provided by more generous welfare states generates long run efficiency gains, which counterbalance the short run efficiency losses caused by work disincentives in these states (Feldstein 1974, 1976; Sinn 1995, 1996)....
Persistent link: https://www.econbiz.de/10014173923
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Alternative values-based "recipes" for Life Satisfaction : German results with an Australian replication
Headey, Bruce; Wagner, Gert G. - 2018
In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for everyone, or at least everyone in the West. In this paper, analysing data from the German Socio-Economic Panel, with a limited replication based on Australian panel data, we estimate...
Persistent link: https://www.econbiz.de/10011912913
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Alternative values-based "recipes" for life satisfaction : German results with an Australian replication
Headey, Bruce; Wagner, Gert G. - 2018
In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for everyone, or at least everyone in the West. In this paper, analysing data from the German Socio-Economic Panel, with a limited replication based on Australian panel data, we estimate...
Persistent link: https://www.econbiz.de/10011900691
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Alternative values-based "recipes" for life satisfaction : German results with an Australian replication
Headey, Bruce; Wagner, Gert G. - 2018
In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for everyone, or at least everyone in the West. In this paper, analysing data from the German Socio-Economic Panel, with a limited replication based on Australian panel data, we estimate...
Persistent link: https://www.econbiz.de/10011901759