EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Papers on Economics and Evolution, MPI für Ökonomik >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/32645
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorBinder, Martinen_US
dc.contributor.authorCoad, Alexen_US
dc.date.accessioned2009-09-15en_US
dc.date.accessioned2010-05-20T14:38:00Z-
dc.date.available2010-05-20T14:38:00Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/32645-
dc.description.abstractWe use a panel vector autoregressions model to examine the coevolution of changes in happiness and changes in income, health, marital status as well as employment status for the British Household Panel Survey (BHPS) data set. This technique allows us to simultaneously analyze the impact of the aforementioned factors on each other. We find that increases in happiness are associated with subsequent increases in income, marriage, employment, and health variables, while increases in the these life-domain variables (except health) tend to be followed by decreases in happiness in subsequent periods, suggesting adaptation dynamics in all domains. These findings are quite robust to different model specifications.en_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 0904en_US
dc.subject.jelI31en_US
dc.subject.jelD63en_US
dc.subject.jelC33en_US
dc.subject.ddc330en_US
dc.subject.keywordHappiness dynamicsen_US
dc.subject.keywordvector autoregressionsen_US
dc.subject.keywordsubjective well-beingen_US
dc.subject.keywordBHPSen_US
dc.titleAn examination of the dynamics of happiness using vector autoregressionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn608741612en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

Files in This Item:
File Description SizeFormat
608741612.pdf443.39 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.