nep-hap New Economics Papers
on Economics of Happiness
Issue of 2014‒06‒28
four papers chosen by
Viviana Di Giovinazzo
University of Milano-Bicocca

  1. An exploration of the factors influencing well-being of farm and non-farm households By Miller, Ana Corina; Jack, Claire G.; Anderson, Duncan J.
  2. Un modello per la valutazione della soddisfazione lavorativa dei laureati By Stefania Capecchi; Domenico Piccolo
  3. Saving More to Borrow Less: Experimental Evidence from Access to Formal Savings Accounts in Chile By Felipe Kast; Dina Pomeranz
  4. Can religion buy happiness? The case of Singapore By Salahodjaev, Raufhon

  1. By: Miller, Ana Corina; Jack, Claire G.; Anderson, Duncan J.
    Abstract: Traditionally the definition and analysis of household well-being has focused on the main economic measures of income and wealth. However, there is now an increased interest within the wider economic literature in exploring those measures which contribute to household well-being which can extend beyond purely economic measures. Furthermore, from a farm household perspective, there is increased research and policy interest in the general well-being of farm households, including how decision-making processes within the farm family influence overall well-being. This paper explores the causal effect of both economic an non-economic factors on well-being for farm and non-farm households in Northern Ireland. The methodology incorporates two complimentary data sources. The results suggest that almost three fifths of those living in Northern Ireland report a high level of satisfaction with life overall, with farm households recording a slightly lower rate of life satisfaction compared with the non-farm group. Regression results support the U-shaped life-cycle effect hypothesis. In terms of gender, for farm based females, the level of education and having an off-farm job has a positive impact on life satisfaction compared to males. For males, being in full time employment brings an increase in the life satisfaction overall.
    Keywords: households well-being, econometric analysis, farm households, Agribusiness, Consumer/Household Economics, Farm Management, Research Methods/ Statistical Methods,
    Date: 2014–04
  2. By: Stefania Capecchi (Università degli Studi di Napoli Federico II); Domenico Piccolo (Università degli Studi di Napoli Federico II)
    Abstract: Il tema della valutazione della soddisfazione del lavoratore sta assumendo sempre maggiore importanza nell’attuale panorama delle scienze economiche e sociali, anche in riferimento al dibattito sulla misurazione dei livelli di crescita e di benessere. Sussistono, tuttavia, problematiche non trascurabili tanto relativamente all’impostazione teorica dei modelli di analisi - che è determinata e a sua volta determina le scelte di politica pubblica - quanto alla successiva rilevazione e misurazione delle dimensioni che si è scelto di rilevare. Il caso di studio di cui si discute in questo lavoro si riferisce ad un campione di laureati italiani, ante riforma, intervistati da AlmaLaurea a 5 anni dal termine degli studi, ai quali viene chiesto di esprimere una valutazione dell’attività lavorativa svolta, allo scopo di mettere in relazione tale giudizio con il titolo di studio universitario conseguito. In particolare, si presenta un approccio per la rappresentazione della soddisfazione sul lavoro attraverso idonei modelli statistici costruiti sulle risposte ordinali alla domanda: "Quanto è soddisfatto per il lavoro svolto?”. In tal modo, si studiano le differenze degli intervistati in rapporto alla soddisfazione globale ed alle sue componenti e, grazie alla peculiarità dei modelli prescelti, si rende possibile collegare le caratteristiche del soggetto alle misure di feeling e incertezza contenute nelle risposte.
    Keywords: Valutazione, Job satisfaction, Condizione occupazionale, Dati ordinali, Modelli CUB 1.
    Date: 2014–06
  3. By: Felipe Kast; Dina Pomeranz
    Abstract: Poverty is often characterized not only by low and unstable income, but also by heavy debt burdens. We find that reducing barriers to saving through access to free savings accounts decreases participants' short-term debt by about 20%. In addition, participants who experience an economic shock have less need to reduce consumption, and subjective well-being improves significantly. Precautionary savings and credit therefore act as substitutes in providing self-insurance, and participants prefer borrowing less when a free formal savings account is available. Take-up patterns suggest that requests by others for participants to share their resources may be a key obstacle to saving.
    JEL: D14 D91 G22 O16
    Date: 2014–06
  4. By: Salahodjaev, Raufhon
    Abstract: This paper investigates the determinants of life satisfaction in Singapore. Specifically we explore the effect of religiosity on life satisfaction. Using World Values Survey data, we find that in general religiosity leads to higher levels of life satisfaction. However, we do not find link between religious denomination and subjective wellbeing, except for Muslim and other religious denomination i.e. Taoist and Shenism.
    Keywords: well-being, life satisfaction, religiosity, Singapore, trust
    JEL: I0 I00
    Date: 2014–06–01

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