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http://hdl.handle.net/10419/28101
  

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dc.contributor.authorKnabe, Andreasen_US
dc.contributor.authorRätzel, Steffenen_US
dc.date.accessioned2009-09-15en_US
dc.date.accessioned2009-09-25T13:29:10Z-
dc.date.available2009-09-25T13:29:10Z-
dc.date.issued2009en_US
dc.identifier.isbn978-3-941240-06-3en_US
dc.identifier.urihttp://hdl.handle.net/10419/28101-
dc.description.abstractWe reexamine the claim that the effect of income on subjective well-being suffers from a systematic downward bias if one ignores that higher income is typically associated with more work effort. We analyze this claim using German panel data, controlling for individual unobserved heterogeneity, and specifying the impact of working hours in a non-monotonic form. Our results suggest that the impact of working hours on happiness is rather small and exhibits an inverse U-shape. We do not find evidence that leaving working hours out of the analysis leads to an underestimation of the income effect.en_US
dc.language.isoengen_US
dc.publisherFreie Univ., Fachbereich Wirtschaftswiss. Berlinen_US
dc.relation.ispartofseriesSchool of Business & Economics Discussion Paper 2009/12en_US
dc.subject.jelD60en_US
dc.subject.jelI31en_US
dc.subject.ddc330en_US
dc.subject.keywordHappinessen_US
dc.subject.keywordlife satisfactionen_US
dc.subject.keywordincomeen_US
dc.subject.keyworddisutility of laboren_US
dc.titleIncome, happiness, and the disutility of laboren_US
dc.typeWorking Paperen_US
dc.identifier.ppn608759643en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:fubsbe:200912-
Appears in Collections:Diskussionsbeiträge, FB Wirtschaftswissenschaft, FU Berlin

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