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Using longitudinal data for children aged 10-15 years living in England in 2009-2014 we test the hypothesis that income … matters for children’s life satisfaction. The results suggest that children are more satisfied with life the more income their … family has. Income effects are larger the less income the family has and statistically significant for children from the age …
Persistent link: https://www.econbiz.de/10011621542
(health, social life, income, education) over the quantiles of the subjective well-being distribution, with attenuated effect … sizes for the fixed-effects model. Equivalized log income has a negative impact on subjective well-being throughout the …
Persistent link: https://www.econbiz.de/10011285402
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10009747812
life are quantified in a multidimensional approach of poverty and wealth: Individual income, current health, occupational …This publication concentrates on the complex interplay between poverty, wealth and life satisfaction. Main areas of … from 1998-2009 is examined. This study has two main goals: (1) To contribute to the interconnection between poverty, wealth …
Persistent link: https://www.econbiz.de/10010209215
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … presented in Stevenson and Wolfers (2008, BROOKINGS PAP ECO AC), we now count three exceptions supporting Easterlin s happiness-income …
Persistent link: https://www.econbiz.de/10010338942
Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …
Persistent link: https://www.econbiz.de/10009747819
We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income … could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income … subjective well-being (SWB) data from the U.S. Gallup-Healthways Well-Being Index and geographically-based median-income data …
Persistent link: https://www.econbiz.de/10011476321
activities, rendering conclusions regarding well-being policy less straightforward. -- Comparison ; habituation ; income …
Persistent link: https://www.econbiz.de/10009557657
activities, rendering conclusions regarding well-being policy less straightforward. -- comparison ; habituation ; income …
Persistent link: https://www.econbiz.de/10009408713
Subjective well-being (SWB) is generally argued to rise with relative income. However, direct evidence is scarce on … whether and how intensively individuals undertake income comparisons, to whom they relate, and what they perceive their … relative income to be. In this paper, novel data with direct information on income comparison intensity and perceived relative …
Persistent link: https://www.econbiz.de/10009738124