Subjective Well-being in Germany: Evolutions, Determinants and Policy Implications

Noll, Heinz-Herbert; Weick, Stefan

doi:10.4337/9781781000731.00011

Cited by 13 publications

(15 citation statements)

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“…The negative impact of unemployment and the positive impact of income on well-being at a given point in time has been showed by a number of studies (Noll and Weick 2010;Andrew E. Clark and Oswald 1994;Winkelmann and Winkelmann 1998;Gallie and Russell 1998;Whelan and McGinnity 2000). In addition to this evidence, we showed a non-linear relationship between income and subjective well-being.…”

Section: Discussionmentioning

confidence: 94%

Minimising Misery: A New Strategy for Public Policies Instead of Maximising Happiness?

Lelkes

2013

Soc Indic Res

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Section: Discussionmentioning

confidence: 94%

Minimising Misery: A New Strategy for Public Policies Instead of Maximising Happiness?

Lelkes

2013

Soc Indic Res

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“…Referred studies suggest that Eastern Germany still falls behind Western Germany in terms of employment levels, wages and productivity (Petrunyk and Pfeifer 2016, p. 217). Again, Noll and Weick (2010) stated that real household incomes have stagnated during the 1991-2007 period for both parts of Germany, contrary to individuals' expectations in Western Germany and to the numbers Western Germany achieved in the past years following reunification. They also mentioned that during the recovery period that started in 2005, real incomes decreased.…”

Section: Literature Reviewmentioning

confidence: 94%

Perceived happiness, perceived trust and perceived income levels: The case of the reunified Germany

Ucal

Günay

2019

Panoeconomicus

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This study explored the possible impact of perceived income on individual (perceived) happiness in Eastern and Western Germany in relation to perceived trust and four socioeconomic variables, namely gender, age, marital status and employment status. To examine the relationship between these variables, a generalized ordered logit model was applied using the World Values Survey data. Bootstrapping and marginal effects were used to obtain a more robust model. The findings provided insights regarding the impact of perceived income and perceived trust on individual (perceived) happiness in both regions after reunification. Perceived income had a positive effect on all happiness categories in both regions. Perceived trust had a stronger positive impact on individual happiness than that of perceived income, although its significance varied across individual (perceived) happiness categories. Analysis of marginal effects revealed differences between the base models.

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“…Findings from these studies are ambivalent and contrastingly interesting country-wise. The neoclassical economic justification underlines a positive relationship income and SWB or happiness because higher income propels more consumption (Noll and Weick 2010). Economists have strongly debated that consumption is a better indicator of happiness than income and the latter is most probably a "noisy proxy" (Meyer and Sullivan 2003).…”

Section: The Relationship Between Happiness and Consumptionmentioning

confidence: 99%

Happiness and Consumption in Mauritius: An Exploratory Study of Socio-Economic Dimensions, Basic Needs, Luxuries and Personality Traits

2019

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Mainstream economics perceive an individual as highly individualistic, presuming that he/ she consumes goods in the most efficient way to optimize his/her level of happiness. This study attempts to explore the nexus between socioeconomic dimensions, basic needs, luxuries and personality traits and happiness in Mauritius. Material consumption and happiness are projected to be positively and strongly related. This is usually illuminated in terms of the increased possibilities to satisfy basic needs and luxuries along with other motives which additional spending provides. Other instrumental aspects of consumption, such as its relative, community-based and hedonic magnitudes are accounted. Cross-sectional data are compiled from a household survey with a sample size of 1015 observations. To conduct the analysis, an ordered probit model is applied. The general conclusion is drawn upon the results that socioeconomic indicators like educational attainment, residential location, family size, income in addition to the intermediate needs deprivation index, brand consciousness, fashion innovativeness, commercial interest, shopping enjoyment, hedonism, bandwagon effect and personality traits are significantly related to people's happiness.

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Subjective Well-being in Germany: Evolutions, Determinants and Policy Implications

Cited by 13 publications

References 0 publications

Minimising Misery: A New Strategy for Public Policies Instead of Maximising Happiness?

Minimising Misery: A New Strategy for Public Policies Instead of Maximising Happiness?

Perceived happiness, perceived trust and perceived income levels: The case of the reunified Germany

Happiness and Consumption in Mauritius: An Exploratory Study of Socio-Economic Dimensions, Basic Needs, Luxuries and Personality Traits

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