Employment Types and Subjective Wellbeing: Evidence from the English Longitudinal Survey of Ageing

2020 ◽  
pp. 117-147
Author(s):  
Samuelson Appau ◽  
Sefa Awaworyi Churchill ◽  
Lisa Farrell
Keyword(s):  
Subjective Wellbeing ◽  
Longitudinal Survey ◽  
Employment Types

Spearman's Law of Diminishing Returns

2006 ◽  
Vol 27 (4) ◽  
pp. 199-207 ◽  
Author(s):  
Peter Hartmann
Keyword(s):  
Principal Axis ◽  
Age Groups ◽  
Principal Component ◽  
Longitudinal Survey ◽  
Male And Female ◽  
Two Samples ◽  
Diminishing Returns ◽  
The One ◽  
Armed Services ◽  
Principal Axis Factor

Spearman's Law of Diminishing Returns (SLODR) with regard to age was tested in two different databases from the National Longitudinal Survey of Youth. The first database consisted of 6,980 boys and girls aged 12–16 from the 1997 cohort ( NLSY 1997 ). The subjects were tested with a computer-administered adaptive format (CAT) of the Armed Services Vocational Aptitude Battery (ASVAB) consisting of 12 subtests. The second database consisted of 11,448 male and female subjects aged 15–24 from the 1979 cohort ( NLSY 1979 ). These subjects were tested with the older 10-subtest version of the ASVAB. The hypothesis was tested by dividing the sample into Young and Old age groups while keeping IQ fairly constant by a method similar to the one developed and employed by Deary et al. (1996) . The different age groups were subsequently factor-analyzed separately. The eigenvalue of the first principal component (PC1) and the first principal axis factor (PAF1), and the average intercorrelation of the subtests were used as estimates of the g saturation and compared across groups. There were no significant differences in the g saturation across age groups for any of the two samples, thereby pointing to no support for this aspect of Spearman's “Law of Diminishing Returns.”

Social and Temporal Comparisons as Moderators of Psychological Resources Associations With Wellbeing

2016 ◽  
Vol 37 (2) ◽  
pp. 96-104 ◽  
Author(s):  
Hasida Ben-Zur
Keyword(s):  
Life Satisfaction ◽  
Positive Affect ◽  
Subjective Wellbeing ◽  
Social Comparisons ◽  
Self Esteem ◽  
Psychological Resources ◽  
Low Levels ◽  
Age Range ◽  
General Wellbeing

Abstract. The current study investigated the associations of psychological resources, social comparisons, and temporal comparisons with general wellbeing. The sample included 142 community participants (47.9% men; age range 23–83 years), who compared themselves with others, and with their younger selves, on eight dimensions (e.g., physical health, resilience). They also completed questionnaires assessing psychological resources of mastery and self-esteem, and three components of subjective wellbeing: life satisfaction and negative and positive affect. The main results showed that high levels of psychological resources contributed to wellbeing, with self-enhancing social and temporal comparisons moderating the effects of resources on certain wellbeing components. Specifically, under low levels of mastery or self-esteem self-enhancing social or temporal comparisons were related to either higher life satisfaction or positive affect. The results highlight the role of resources and comparisons in promoting people’s wellbeing, and suggest that self-enhancing comparisons function as cognitive coping mechanisms when psychological resources are low.

Entrepreneurial Mindset

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Nusa FAIN ◽  
Michel ROD ◽  
Erik BOHEMIA
Keyword(s):  
Influencing Factors ◽  
Future Study ◽  
Engineering Students ◽  
Initial Study ◽  
Longitudinal Survey ◽  
Teaching Approaches ◽  
Approaches To Teaching ◽  
Design Students ◽  
Commerce Students ◽  
Case Based

This paper explores the influence of teaching approaches on entrepreneurial mindset of commerce, design and engineering students across 3 universities. The research presented in this paper is an initial study within a larger project looking into building ‘entrepreneurial mindsets’ of students, and how this might be influenced by their disciplinary studies. The longitudinal survey will measure the entrepreneurial mindset of students at the start of a course and at the end. Three different approaches to teaching the courses were employed – lecture and case based, blended online and class based and fully project-based course. The entrepreneurial mindset growth was surprisingly strongest within the engineering cohort, but was closely followed by the commerce students, whereas the design students were slightly more conservative in their assessments. Future study will focus on establishing what other influencing factors beyond the teaching approaches may relate to the observed change.

Income or Culture? Examining the Determinants of Subjective Wellbeing in an International Sample

2019 ◽  
Author(s):  
Siddharth Garg
Keyword(s):  
Online Survey ◽  
Subjective Wellbeing ◽  
Regression Coefficient ◽  
Marginal Utility ◽  
Economic Class ◽  
Income Groups ◽  
Significant Difference ◽  
The World ◽  
Diminishing Marginal Utility ◽  
The Relationship

Objective: The aim of this paper was to examine the relationship between income, subjective wellbeing, and culture among people from a higher socio-economic class across the world. Rationale: Ed Diener proposed the law of diminishing marginal utility as an explanation for differences in subjective wellbeing among different income groups across different countries (Diener, Ng, & Tov, Balance in life and declining marginal utility of diverse resources, 2009). Thus, people with higher incomes would experience less subjective wellbeing due to income, and culture should emerge as a significant predictor. Method: Data from this study came from another study (https://siddharthgargblog.wordpress.com/2019/07/14/love-for-money/). I used an online survey to collect data on annual income in US dollars, subjective wellbeing (WHO-5), and country of residence (Indicator of Culture). 96 responses (Indians = 24, Foreigners = 72) were entered in IBM SPSS and a regression analysis was conducted. The raw dataset used in this study can be found at https://doi.org/10.6084/m9.figshare.8869040.v1Results: ANOVA showed a significant difference (p < 0.05) between Indians and foreigners on levels of subjective wellbeing. Linear regression shows the regression coefficient of culture to be significant (Beta = -.254, p = .014) but the regression coefficient of income was not found to be significant. The overall model was found to explain 8.2% of the variance in wellbeing.Conclusion: The sample of this study is too small to make any kind of generalization; it does lend a little bit of support to the idea of diminishing marginal utility of income on subjective wellbeing and provides a rationale for further research.

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