Relative Income, Happiness and Utility: An Explanation for the Easterlin Paradox and Other Puzzles
- A. Clark, P. Frijters, M. Shields
- Economics
- 1 June 2007
The well-known Easterlin paradox points out that average happiness has remained constant over time despite sharp rises in GNP per head. At the same time, a micro literature has typically found…
How Important is Methodology for the Estimates of the Determinants of Happiness?
- A. Ferrer-i-Carbonell, P. Frijters
- Economics, Psychology
- 1 July 2004
Psychologists and sociologists usually interpret happiness scores as cardinal and comparable across respondents, and thus run OLS regressions on happiness and changes in happiness. Economists usually…
The Anatomy of Subjective Well-Being
- B. van Praag, P. Frijters, A. Ferrer-i-Carbonell
- Economics
- 1 October 2001
This paper contributes to the literature on subjective well-being (SWB) by taking into account different aspects of life, called domains, such as health, financial situation, job, leisure, housing,…
Money Does Matter! Evidence from Increasing Real Income and Life Satisfaction in East Germany Following Reunification
- P. Frijters, John P. Haisken-DeNew, M. Shields
- Economics
- 4 November 2004
In this paper we investigate how life satisfaction (or happiness) is affected by a substantial increase in real income. Our context is East Germany in the decade following reunification, and we…
The mystery of the U-shaped relationship between happiness and age
- P. Frijters, T. Beatton
- Economics
- 1 May 2012
Life Satisfaction Dynamics with Quarterly Life Event Data
- P. Frijters, D. Johnston, M. Shields
- Economics
- 17 February 2011
Using life satisfaction responses from Australian panel data we examine the questions of when and to what extent individuals are affected by major positive and negative life events, including changes…
The measurement of welfare and well-being; the Leyden approach
- B. V. Praag, P. Frijters
- Economics
- 15 June 1999
1 From economics to psychology . . . . . . . . . . . . . . . . . . . . . . . 1 2 General approaches to cardinal utility taken by economists . . . . . . . 6 3 Utility measurement based on verbal…
The causal effect of income on health: evidence from German reunification.
- P. Frijters, John P. Haisken-DeNew, M. Shields
- EconomicsJournal of Health Economics
- 1 March 2005
Investigating the Patterns and Determinants of Life Satisfaction in Germany Following Reunification
- P. Frijters, John P. Haisken-DeNew, M. Shields
- EconomicsThe Journal of human resources
- 1 June 2004
This paper investigates the patterns and determinants of life satisfaction in Germany following reunification. We implement a new fixed-effect estimator for ordinal life satisfaction in the German…
Quantifying the costs of drought: new evidence from life satisfaction data
- Nicholas Carroll, P. Frijters, M. Shields
- Economics
- 1 April 2009
We estimate the cost of droughts by matching rainfall data with individual life satisfaction. Our context is Australia over the period 2001 to 2004, which included a particularly severe drought.…
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