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The objective benefits of subjective well-being

  • Jan-Emmanuel De Neve
  • Ed Diener
  • Louis Tay
  • Cody Xuereb
Registered author(s):

    The aim of this paper is to survey the 'hard' evidence on the effects of subjective well-being. In doing so, we complement the evidence on the determinants of well-being by showing that human well-being also affects outcomes of interest such as health, income, and social behaviour. Generally, we observe a dynamic relationship between happiness and other important aspects of our lives, with influence running in both directions.

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    File URL: http://eprints.lse.ac.uk/51669/
    File Function: Open access version.
    Download Restriction: no

    Paper provided by London School of Economics and Political Science, LSE Library in its series LSE Research Online Documents on Economics with number 51669.

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    Length: 38 pages
    Date of creation: 2013
    Date of revision:
    Handle: RePEc:ehl:lserod:51669
    Contact details of provider: Postal: LSE Library Portugal Street London, WC2A 2HD, U.K.
    Phone: +44 (020) 7405 7686
    Web page: http://www.lse.ac.uk/

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    1. Böckerman, Petri & Ilmakunnas, Pekka, 2010. "The job satisfaction-productivity nexus: A study using matched survey and register data," MPRA Paper 23348, University Library of Munich, Germany.
    2. Nicole Lawless & Richard Lucas, 2011. "Predictors of Regional Well-Being: A County Level Analysis," Social Indicators Research, Springer, vol. 101(3), pages 341-357, May.
    3. Gary Marks & Nicole Fleming, 1999. "Influences and Consequences of Well-being Among Australian Young People: 1980–1995," Social Indicators Research, Springer, vol. 46(3), pages 301-323, March.
    4. Oswald, Andrew J. & Proto, Eugenio & Sgroi, Daniel, 2009. "Happiness and Productivity," IZA Discussion Papers 4645, Institute for the Study of Labor (IZA).
    5. Lalin Anik & Lara B. Aknin & Michael I. Norton & Elizabeth W. Dunn, 2009. "Feeling Good about Giving: The Benefits (and Costs) of Self-Interested Charitable Behavior," Harvard Business School Working Papers 10-012, Harvard Business School.
    6. David G. Blanchflower & Andrew J. Oswald, 2007. "Hypertension and Happiness across Nations," NBER Working Papers 12934, National Bureau of Economic Research, Inc.
    7. Jan-Emmanuel De Neve & James H. Fowler & Bruno S. Frey, 2010. "Genes, economics, and happiness," IEW - Working Papers 475, Institute for Empirical Research in Economics - University of Zurich.
    8. Edwards, Jeffrey R. & Cooper, Cary L., 1988. "The impacts of positive psychological states on physical health: A review and theoretical framework," Social Science & Medicine, Elsevier, vol. 27(12), pages 1447-1459, January.
    9. Meike Bartels & Daniel J. Benjamin & David Cesarini & Jan-Emmanuel De Neve & Magnus Johannesson & Philipp D. Koellinger & Robert F. Krueger & Patrik K. E. Magnusson & Nancy L. Pedersen & Cornelius A. , 2013. "Molecular Genetics and Subjective Well-Being," CEP Discussion Papers dp1225, Centre for Economic Performance, LSE.
    10. Stutzer, Alois & Frey, Bruno S., 2005. "Does Marriage Make People Happy, Or Do Happy People Get Married?," IZA Discussion Papers 1811, Institute for the Study of Labor (IZA).
    11. John Ifcher & Homa Zarghamee, 2011. "Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment," American Economic Review, American Economic Association, vol. 101(7), pages 3109-29, December.
    12. Edmans, Alex, 2011. "Does the stock market fully value intangibles? Employee satisfaction and equity prices," Journal of Financial Economics, Elsevier, vol. 101(3), pages 621-640, September.
    13. Ed Diener & Carol Nickerson & Richard Lucas & Ed Sandvik, 2002. "Dispositional Affect and Job Outcomes," Social Indicators Research, Springer, vol. 59(3), pages 229-259, September.
    14. Cahit Guven, 2008. "Reversing the Question. Does Happiness Affect Consumption and Savings Behavior?," Economics Series 2008_20, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
    15. Eckhard Priller & Jürgen Schupp, 2011. "Social and Economic Characteristics of Financial and Blood Donors in Germany," DIW Economic Bulletin, DIW Berlin, German Institute for Economic Research, vol. 1(6), pages 23-30.
    16. Simon Luechinger, 2009. "Valuing Air Quality Using the Life Satisfaction Approach," Economic Journal, Royal Economic Society, vol. 119(536), pages 482-515, 03.
    17. Lara B. Aknin & Christopher P. Barrington-Leigh & Elizabeth W. Dunn & John F. Helliwell & Robert Biswas-Diener & Imelda Kemeza & Paul Nyende & Claire E. Ashton-James & Michael I. Norton, 2010. "Prosocial Spending and Well-Being: Cross-Cultural Evidence for a Psychological Universal," NBER Working Papers 16415, National Bureau of Economic Research, Inc.
    18. Krause, Annabelle, 2013. "Don’t worry, be happy? Happiness and reemployment," Journal of Economic Behavior & Organization, Elsevier, vol. 96(C), pages 1-20.
    19. Lara Aknin & Elizabeth Dunn & Michael Norton, 2012. "Happiness Runs in a Circular Motion: Evidence for a Positive Feedback Loop between Prosocial Spending and Happiness," Journal of Happiness Studies, Springer, vol. 13(2), pages 347-355, April.
    20. Graham, Carol & Eggers, Andrew & Sukhtankar, Sandip, 2004. "Does happiness pay?: An exploration based on panel data from Russia," Journal of Economic Behavior & Organization, Elsevier, vol. 55(3), pages 319-342, November.
    21. Graham, Liam & Oswald, Andrew J., 2010. "Hedonic capital, adaptation and resilience," Journal of Economic Behavior & Organization, Elsevier, vol. 76(2), pages 372-384, November.
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