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on Economics of Happiness |
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Issue of 2017‒10‒01
three papers chosen by |
| By: | Tuyen Quang Tran (University of Economics and Business, Vietnam National University, Hanoi); Huong Vu Van (Academy of Finance, Hanoi) |
| Abstract: | This study examines the relationship between housing and subjective well-being among the Vietnamese elderly, using data from the 2011 Vietnam Ageing Survey. Our regression analysis reveals that permanent housing and better amenities are major factors contributing to housing satisfaction and life satisfaction. Notably, we find that housing satisfaction has a strongly positive impact on life satisfaction and the impact is stronger after controlling for endogeneity problems. Thus, the finding confirms that housing is an important life domain and as a result, housing satisfaction is a strong predictor of life-satisfaction judgments. The findings might suggest that people made a rational choice when they invested a large amount of resources in their houses with notable well-being gains. Also, another implication here is that policies and programs to assist poor families in moving out of temporary accommodation or improving housing amenities are likely to be beneficial in improving well-being for the poorelderly. |
| Keywords: | Aging, Elderly, Endogeneity, Housing satisfaction, Subjective well-being, Vietnam |
| JEL: | D4 D11 D6 |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:dpc:wpaper:0217&r=hap |
| By: | Daniel Gerszon Mahler (University of Copenhagen, Denmark); Xavier Ramos (Universitat Autonoma de Barcelona, Spain) |
| Abstract: | A growing literature has tried to measure the extent to which individuals have equal opportunities to acquire income. At the same time, policy makers have doubled down on efforts to go beyond income when measuring well- being. We attempt to bridge these two areas by measuring the extent to which individuals have equal opportunities to achieve a high level of well-being. We use the German Socio-Economic Panel to measure well-being in four different ways including incomes. This makes it possible to determine if the way well-being is measured matters for identifying who the opportunity-deprived are and for tracking inequality of opportunity over time. We find that, regardless of how well-being is measured, the same people are opportunity-deprived and equality of opportunity has improved over the past 20 years. This suggests that going beyond income has little relevance if the objective is to provide equal opportunities. |
| Keywords: | Equality of opportunity, measurement, responsibility, effort, well-being. |
| JEL: | D3 D63 I31 |
| Date: | 2017–08 |
| URL: | http://d.repec.org/n?u=RePEc:inq:inqwps:ecineq2017-444&r=hap |
| By: | Ninik Setiyowati (Psychology Faculty, State University of Malang, Indonesia Author-2-Name: Irtaji Author-2-Workplace-Name: Psychology Faculty, State University of Malang, Indonesia) |
| Abstract: | "Objective – This study examines Happiness Leaders in the higher education context. Methodology/Technique – Using Positive Psychology perspective, data were collected through an in-depth interview with 30 Indonesian heads of Department in some faculties of Higher Education Malang from December 2016 to February 2017. Respondents were selected using non-probability purposive sampling technique. Findings – The results of this study indicate that the respondents focused their happiness factor more on relationship (R) and meaningfulness (M), but less on positive emotion (P), engagement (E) and accomplishment (A). Almost all respondents agreed that good relationship ensured a sense of safety and comfort and helped gain social support, especially when they were in Bad Condition. Otherwise, most respondents tended to lack focus in setting targets and did not enjoy through the process of achieving the target. Responsibilities were exercised only to meet the demand of the institution. Novelty – This research developed five aspects: positive emotion, engagement, relationship, meaningfulness and accomplishment (PERMA) as a key question and tested it in the context of Indonesia." |
| Keywords: | Happiness; PERMA; Qualitative; Positive Psychology. |
| JEL: | I21 J28 M54 |
| Date: | 2017–06–22 |
| URL: | http://d.repec.org/n?u=RePEc:gtr:gatrjs:jmmr163&r=hap |