An empirical investigation into the determinants and persistence of different types of subjective well-being
AbstractA 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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 48292.
Date of creation: May 2013
Date of revision:
hedonic adaptation; subjective well-being; determinants of happiness;
Find related papers by JEL classification:
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-20 (All new papers)
- NEP-CSE-2013-07-20 (Economics of Strategic Management)
- NEP-HAP-2013-07-20 (Economics of Happiness)
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