Add to ORKGIn this paper, we use the instrument variable (IV) method with a two-stage least squares (2SLS) estimator to explore the impact of exogenous income changes on happiness. Our study is based on the German post-reunification period from 1991 to 1995, when East German income levels, by no means of productivity increase, were set to catch-up to that of their West German industrial counterparts. Using West German sectoral income as an instrument for East German income, we resolved the problem of reverse causation and eliminated the effects of both time-variant and time-invariant unobserved characteristics that were correlated with income and happiness. Our results show that exogenous increases in income did have a positive and significant effect ...
In this paper the authors investigate if there was a causal effect of changes in current and \u27per...
The accepted view among psychologists and economists alike is that economic well-being has a statist...
Schupp J, Goebel J, Kroh M, Wagner GG. Life Satisfaction in Germany at Highest Levels since Reunific...
In this paper, we use the instrument variable (IV) method with a two-stage least squares (2SLS) esti...
Recent years have seen a considerable increase in the number of economists researching the role of i...
This paper investigates the patterns and determinants of life satisfaction in Germany following reun...
This paper investigates the patterns and determinants of life satisfaction in Germany following reun...
We investigate whether there was a causal effect of income changes on the health satisfaction of Eas...
We quanti @ the value of changes in life circumstances in Germany following reunification. To this e...
This thesis tries to verify the impact of income and income of reference group on subjectively exper...
Russians reported large changes in their life satisfaction over the post-transition years. In this p...
Economic disruption in East Germany at the time of unification resulted in a noticeable drop in life...
Over recent years a number of papers have used individual or household longitudinal survey data to i...
This paper explores differences in the determinants of long term happiness levels versus those of sh...
For people living in the former East Germany, reunification with the former West Germany fundamental...
In this paper the authors investigate if there was a causal effect of changes in current and \u27per...
The accepted view among psychologists and economists alike is that economic well-being has a statist...
Schupp J, Goebel J, Kroh M, Wagner GG. Life Satisfaction in Germany at Highest Levels since Reunific...
In this paper, we use the instrument variable (IV) method with a two-stage least squares (2SLS) esti...
Recent years have seen a considerable increase in the number of economists researching the role of i...
This paper investigates the patterns and determinants of life satisfaction in Germany following reun...
This paper investigates the patterns and determinants of life satisfaction in Germany following reun...
We investigate whether there was a causal effect of income changes on the health satisfaction of Eas...
We quanti @ the value of changes in life circumstances in Germany following reunification. To this e...
This thesis tries to verify the impact of income and income of reference group on subjectively exper...
Russians reported large changes in their life satisfaction over the post-transition years. In this p...
Economic disruption in East Germany at the time of unification resulted in a noticeable drop in life...
Over recent years a number of papers have used individual or household longitudinal survey data to i...
This paper explores differences in the determinants of long term happiness levels versus those of sh...
For people living in the former East Germany, reunification with the former West Germany fundamental...
In this paper the authors investigate if there was a causal effect of changes in current and \u27per...
The accepted view among psychologists and economists alike is that economic well-being has a statist...
Schupp J, Goebel J, Kroh M, Wagner GG. Life Satisfaction in Germany at Highest Levels since Reunific...