Does the market make us happy? The stock market and well-being
AbstractThe present paper studies the relationship between well-being and the stock market in the USA. We find that there is a relationship between well-being and the capital market. Empirical tests, using the Gallupp Healthways Well-being Index, Standard&Poor’s S&P 500 and the VIX volatility index show a strong and statistically significant impact of the stock market on well-being.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by West University of Timisoara, Romania, Faculty of Economics and Business Administration in its series FEAA Working Papers with number 2012.FEAA.F.03.
Length: 25 pages
Date of creation: 09 Jul 2012
Date of revision:
Note: PLEASE DO NOT QUOTE THIS PAPER WITHOUT AUTHOR’S PERMISION
Contact details of provider:
Postal: Str. J.H.Pestalozzi nr. 16, 300115, Timisoara
Phone: 004 0256 592506
Fax: 004 0256 5925002
Web page: http://www.feaa.uvt.ro/ro/cercetare/feaa-working-papers.html
More information through EDIRC
well-being; stock market; happiness; uncertainty;
Other versions of this item:
- Murgea Aurora & Reisz Robert D., 2013. "Does the Market Make us Happy? The Stock Market and Well-being," Economia politica, Società editrice il Mulino, issue 1, pages 69-86.
- D60 - Microeconomics - - Welfare Economics - - - General
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Yew-Kwang, Ng, 1997.
"A case for Happiness, Cardinalism, and Interpersonal Comparability,"
Departmental Working Papers
_081, Chinese University of Hong Kong, Department of Economics.
- Ng, Yew-Kwang, 1997. "A Case for Happiness, Cardinalism, and Interpersonal Comparability," Economic Journal, Royal Economic Society, vol. 107(445), pages 1848-58, November.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Romeo Margea).
If references are entirely missing, you can add them using this form.