According to adaptation theory, individuals react to events but quickly adapt back to baseline levels of subjective well-being. To test this idea, the authors used data from a 15-year longitudinal study of over 24,000 individuals to examine the effects of marital transitions on life satisfaction. On average, individuals reacted to events and then adapted back …
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Gardner, J., &Oswald, A. J. (2006). Do divorcing couples become happier by breaking up?. Journal of the Royal Statistical Society: Series A (Statistics in Society), 169(2), 319-336.
Summary. Divorce is a leap in the dark. The paper investigates whether people who split up actually become happier. Using the British Household Panel Survey, we can observe an individual’s level of psychological well‐being in the years before and after divorce. Our results show that divorcing couples reap psychological gains from the dissolution of their …
Gruber, J., &Mullainathan, S. (2006). Do cigarette taxes make smokers happier?. In Happiness and Public Policy (pp. 109-146). Palgrave Macmillan, London.
Economists have a well-established framework for understanding the welfare consequences of taxing goods that don’t create externalities. Taxes create dead-weight loss by causing consumers to distort their consumption away from their preferred choices. This cost is weighed against the benefits of government revenue. As established in the seminal analysis of Becker and Murphy (1988), this …
Frey, B. S., Benesch, C., &Stutzer, A. (2007). Does watching TV make us happy?. Journal of Economic psychology, 28(3), 283-313.
Watching TV is a major human activity. Because of its immediate benefits at negligible immediate marginal costs it is for many people tempting to view TV rather than to pursue more engaging activities. As a consequence, individuals with incomplete control over, and foresight into, their own behavior watch more TV than they consider optimal for …
Benesch, C., Frey, B. S., &Stutzer, A. (2010). TV channels, self-control and happiness. The BE Journal of Economic Analysis &Policy, 10(1).
Standard economic theory suggests that more choice is usually better. We address this claim and investigate whether people can cope with the increasing number of television programs and watch the amount of TV they find optimal for themselves or whether they are prone to over-consumption. We find that heavy TV viewers do not benefit but …
Gardner, J., &Oswald, A. (2004). How is mortality affected by money, marriage, and stress?. Journal of health economics, 23(6), 1181-1207.
It is believed that the length of a person’s life depends on a mixture of economic and social factors. Yet the relative importance of these is still debated. We provide recent British evidence that marriage has a strong positive effect on longevity. Economics matters less. After controlling for health at the start of the 1990s, …
Stack, S., &Eshleman, J. R. (1998). Marital status and happiness: A 17-nation study. Journal of Marriage and the Family, 527-536.
The literature on marital status and happiness has neglected comparative analysis, cohabitation, and gender-specific analysis. It is not clear if the married-happiness relationship is consistent across nations, if it is stronger than a cohabitation-happiness link, and if it applies to both genders. We address these issues using data from 17 national surveys. A multiple regression …
Coombs, R. H. (1991). Marital status and personal well-being: A literature review. Family relations, 97-102.
Do unmarried individuals experience more emotional and health problems than their married counterparts? According to more than 130 empirical studies on a number of well-being indices, married men and women are generally happier and less stressed than the unmarried. Marriage is particularly rewarding for men. This review finds little support for the selection hypothesis which …
Mastekaasa, A. (1992). Marriage and psychological well-being: Some evidence on selection into marriage. Journal of Marriage and the Family, 901-911.
Higher psychological well-being among married as opposed to unmarried persons may be due to social selection into marriage, or to marriage effects (social causation). From the selection hypothesis it follows that well-being at one time point be positively related to the subsequent probability of marrying. Using transition rate methods (Cox regression) on a sample of …
Benz, M., &Frey, B. S. (2008). The value of doing what you like: Evidence from the self-employed in 23 countries. Journal of Economic Behavior &Organization, 68(3-4), 445-455.
The self-employed are substantially more satisfied with their work than employed persons. We document this relationship for 23 countries and show that the higher job satisfaction can mainly be attributed to the more interesting jobs and to the greater autonomy that self-employed persons enjoy. ‘Doing what you like to do’ seems to provide non-pecuniary benefits …