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Death and destitution: the global distribution of welfare losses from the COVID-19 pandemic

Ferreira, Francisco H. G.; Sterck, Olivier; Mahler, … - 2021

and compare two important components of those losses - increased mortality and higher poverty - using years of human life … period and by the most conservative definition, over 120 million additional years were spent in poverty because of the … poverty burden, on the contrary, declines with per capita national incomes when a constant absolute poverty line is used, or …

Persistent link: https://www.econbiz.de/10012518090

Adaptation to poverty in long-run panel data

Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - 2014

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 contemporaneous poverty. We then reveal that there is little evidence …

Persistent link: https://www.econbiz.de/10010440553

Parental child care time, income and subjective well-being : a multidimensional polarization approach for Germany

Merz, Joachim; Peters, Normen - 2019

Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is time which enables and restricts individual activities and is a further brick to a more comprehensive picture of individual well-being. In our study we focus on a prominent part...

Persistent link: https://www.econbiz.de/10011978752

Paradox lost?

Easterlin, Richard A. - 2016

Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...

Persistent link: https://www.econbiz.de/10011450390

(Mis-)predicted subjective well-being following life events

Odermatt, Reto; Stutzer, Alois - 2015

The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being when facing major life events. Based on individual panel data, we compare people's forecast of their life...

Persistent link: https://www.econbiz.de/10011308432

Why does happiness respond differently to an increase vs. decrease in income?

Easterlin, Richard A. - 2021

The answer is that people's evaluations of their income situation are based on different considerations when the economy is expanding and when it is contracting. When, in the course of economic growth, incomes generally are rising, evaluations tend to be dominated by "social comparison" - what...

Persistent link: https://www.econbiz.de/10012604148

The Easterlin paradox

Easterlin, Richard A.; O'Connor, Kelsey J. - 2020

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason for the contradiction is social comparison. At a point...

Persistent link: https://www.econbiz.de/10012372750

Happiness and public policy : a procedural perspective

Stutzer, Alois - 2019

This article comments on the role of empirical subjective well-being research in public policy within a constitutional, procedural perspective of government and state. It rejects the idea that, based on the promises of the measurement, we should adopt a new policy perspective that is oriented...

Persistent link: https://www.econbiz.de/10012118051

Sometimes your best just ain't good enough : the worldwide evidence on well-being efficiency

Nikolova, Milena; Popova, Olga - 2017

Despite the burgeoning happiness economics literature, scholars have largely ignored explorations of how individuals or countries translate given resources into well-being. Using a balanced panel on 91 countries from Gallup Analytics between 2009-2014 and borrowing insights from production...

Persistent link: https://www.econbiz.de/10011664189

Economic approaches to understanding change in happiness

Powdthavee, Nattavudh; Stutzer, Alois - 2014

Are people condemned to an inherent level of experienced happiness? A review of the economic research on subjective well-being gives reason to the assessment that happiness can change. First, empirical findings clearly indicate that people are not indifferent to adverse living conditions when...

Persistent link: https://www.econbiz.de/10010348918

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