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An empirical investigation into the determinants and persistence of different types of subjective well-being

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  • Chrostek, Pawel
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    Abstract

    A comparison of three measures of subjective well-being indicates two areas of difference. First, life evaluation is less dependent on external circumstances than evaluation of the past year. Temporary changes in health, labor market status and income have a smaller impact on life evaluation than on evaluation of the past year. Second, measures concerning the whole life exhibit a significant positive relation between current and past levels of well-being, but there is no such relation in case of evaluation of the past year. Moreover, external factors have a greater impact on the emotional dimension of life evaluation than on cognitive.

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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 48292.

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    Date of creation: May 2013
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    Handle: RePEc:pra:mprapa:48292

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    Keywords: hedonic adaptation; subjective well-being; determinants of happiness;

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    1. Stevenson, Betsey & Wolfers, Justin, 2013. "Subjective Well‐Being and Income: Is There Any Evidence of Satiation?," IZA Discussion Papers 7353, Institute for the Study of Labor (IZA).
    2. Jeffrey M Wooldridge, 2002. "Simple solutions to the initial conditions problem in dynamic, nonlinear panel data models with unobserved heterogeneity," CeMMAP working papers CWP18/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    3. Clark, Andrew E. & Frijters, Paul & Shields, Michael A., 2007. "Relative Income, Happiness and Utility: An Explanation for the Easterlin Paradox and Other Puzzles," IZA Discussion Papers 2840, Institute for the Study of Labor (IZA).
    4. Lee, Wang-Sheng & Oguzoglu, Umut, 2007. "Are Youths on Income Support Less Happy? Evidence from Australia," IZA Discussion Papers 2709, Institute for the Study of Labor (IZA).
    5. Anke C. Zimmermann & Richard A. Easterlin, 2006. "Happily Ever After? Cohabitation, Marriage, Divorce, and Happiness in Germany," Population and Development Review, The Population Council, Inc., vol. 32(3), pages 511-528.
    6. Akay, Alpaslan, 2009. "The Wooldridge Method for the Initial Values Problem Is Simple: What About Performance?," IZA Discussion Papers 3943, Institute for the Study of Labor (IZA).
    7. Katrin Rehdanz & David J. Maddison, 2003. "Climate and Happiness," Working Papers FNU-20, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2003.
    8. Bottan, Nicolas Luis & Perez Truglia, Ricardo, 2011. "Deconstructing the hedonic treadmill: Is happiness autoregressive?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(3), pages 224-236, May.
    9. Felix R. FitzRoy & Michael A. Nolan & Max F. Steinhardt & David Ulph, 2011. "So Far so Good: Age, Happiness, and Relative Income," SOEPpapers on Multidisciplinary Panel Data Research 415, DIW Berlin, The German Socio-Economic Panel (SOEP).
    10. Piper, Alan T., 2012. "Dynamic Analysis and the Economics of Happiness: Rationale, Results and Rules," MPRA Paper 43248, University Library of Munich, Germany, revised Dec 2012.
    11. Binder, Martin & Coad, Alex, 2010. "An examination of the dynamics of well-being and life events using vector autoregressions," Journal of Economic Behavior & Organization, Elsevier, vol. 76(2), pages 352-371, November.
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