scholarly journals Consumption Changes, Not Income Changes, Predict Changes in Subjective Well-Being

2019 ◽  
Vol 11 (1) ◽  
pp. 64-73
Author(s):  
Gordon D. A. Brown ◽  
John Gathergood

Does happiness depend on what one earns or what one spends? Income is typically found to have small beneficial effects on well-being. However, economic theory suggests that well-being is conferred not by income but by consumption (i.e., spending on goods and services), and a person’s level of consumption may differ greatly from their level of income due to saving behavior and taxation. Moreover, research within consumer psychology has established relationships between people’s spending in specific categories and their well-being. Here we show for the first time using panel data that changes in life satisfaction are associated with changes in consumption, not changes in income. We also find some evidence that increased conspicuous consumption is more strongly associated with improved well-being than is increased nonconspicuous consumption.

Author(s):  
Jean Guedes Auditor ◽  
Marcel Erlinghagen

AbstractThe chapter asks about possible causal effects of migration on subjective well-being (SWB) measured by self-reported overall life satisfaction. By combining the emigration sample of the German Emigration and Remigration Panel Study (GERPS) with a quasi-counterfactual sample of internationally non-mobile Germans provided by the Socio-Economic Panel Study (SOEP) the difference-in-difference analyses show that emigration is actually accompanied by an increase in SWB. Based on propensity score matching procedures and compared to non-mobile German stayers, German first-time emigrants show a significant increase in SWB shortly after arrival in their host country. For most emigrants, migration pays off not only economically via increasing incomes but also with regard to an increase in life satisfaction. However, the underlying analysis has certain limitations and we therefore discuss the significance of the presented evidence and consequences and challenges for future research.


2018 ◽  
Author(s):  
Paula Sheppard ◽  
Christiaan Willem Simon Monden

Objective: In this study, we examine how individuals are affected by the change in status to grandparenthood for the first time.Background: Being a grandparent, especially an active and involved grandparent, is positively linked to the well-being of individuals with grandchildren, however little is known about how becoming a grandparent affects well-being.Method: We use longitudinal data from fifteen countries in Europe (Survey of Health, Ageing and Retirement in Europe - SHARE) to analyse if becoming a grandparent is associated with three measures of subjective well-being. We use fixed effects models to account for unobserved heterogeneity.Results: We found evidence that becoming a first-time grandparent is associated with fewer depressive symptoms among women, although there was no effect on subjective life expectancy or life satisfaction. For men, we found no evidence for an impact on any outcome tested, although there is an association with increased subjective life expectancy conditional on employment status; only if men were employed when transitioning to grandparenthood. We also found no evidence that actively looking after the grandchild is important for either gender.Conclusion: These results suggest that, at least for women, it is the life transition itself that impacts on well-being, rather than active grandchild-care. More research is needed to verify these findings in other contexts, and over longer periods of time.


2016 ◽  
Vol 7 (1) ◽  
Author(s):  
Benjamin Temkin

<p>This paper explores the relationship between informal employment and the subjective well-being of informal employees and self-employed workers in Mexico. The main hypothesis is that labor informality has a significantly negative impact on the level of self-reported life satisfaction and happiness of individuals. This effect is sustained even when controlling for potentially determinant socio-demographic factors, in particular income. The module of self-reported well-being (BIARE) that was part of the National Household Spending Survey (ENGASTO), conducted by the National Institute of Statistics and Geography (INEGI) during the first quarter of 2012 was used for this research. The module gathered, for the first time in Mexico, official statistics on life satisfaction and happiness. The results of the investigation show that informal employment is by itself a factor comparable to income in its influence on the perceived well-being of individuals.</p>


Author(s):  
Emily Brindal ◽  
Jillian C Ryan ◽  
Naomi Kakoschke ◽  
Sinead Golley ◽  
Ian T Zajac ◽  
...  

Abstract Background Due to the coronavirus disease 2019 (COVID-19) pandemic, social distancing practices were introduced to curb infection rates in many countries. The purpose of this study was to assess the effects of these restrictions on behaviours and well-being and whether individual differences predict changes in well-being. Methods Australian adults participated in a cross-sectional, online survey during May 2020. The survey captured demographic information; health behaviours; personality traits; life satisfaction and COVID-19-related attitudes, financial concerns, perceived risks and impacts. Results In total, 3745 (86.8% of 4313) participants completed all items. Participants were mostly female (85.7%) and 56.4 years (standard deviation [SD] = 12.6) on average. Over 95.0% of the sample indicated they had been social distancing or isolating. Health behaviours and well-being had generally worsened, with social connections being the most negatively affected. Life satisfaction was significantly lower since restrictions. For changes in life satisfaction, extroversion was a risk factor and openness to experience was a protective factor. Conclusions Overall, well-being was negatively impacted by the COVID-19 pandemic and associated social distancing particularly in this sample containing mainly older women. In future, it will be crucial to understand why and who may be differentially affected, to encourage behaviours that are protective of well-being.


2020 ◽  
Vol 4 (Supplement_1) ◽  
pp. 319-320
Author(s):  
Xiaoyan Zhang ◽  
Merril Silverstein

Abstract China is experiencing a large increase in elderly population. In 2019, China’s population aged 60 and above had reached 253 million, accounting for 18.1% of the total population (National Bureau of Statistics of China, 2020). By 2050, the number of adults aged 60+ would be up to 430 million, reaching one third of the total population (Du, Zhai & Chen, 2005). Considering such a rapid aging process and the existing large number of older adults in China, it becomes imperative to investigate how psychosocial factors affect this group’s subjective well-being. This study proposed that, among older adults, higher support received from each of the three relational sources (adult children, family and friends) were associated with reduced loneliness and improved well-being. Structural equation modeling was conducted using a sample of rural adults aged 60 and older (N= 1142) from the 2018 wave of data from the Longitudinal Study of Older Adults in Anhui Province, China. Findings indicated that support from adult children directly and indirectly decreased older adults’ depression and improved their life satisfaction through loneliness; while support from family members directly decreased depression but did not directly improve life satisfaction or indirectly improve well-being through loneliness. Although support from friends did not have a significant impact on older adults’ well-being, it indirectly improved well-being through reduced loneliness. Findings have implications for programs or interventions targeting both parent -adult-child support and friends support and reducing rural older adults’ loneliness.


2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Takashi Oshio ◽  
Hiromi Kimura ◽  
Toshimi Nishizaki ◽  
Takashi Omori

Abstract Background Area-level deprivation is well known to have an adverse impact on mortality, morbidity, or other specific health outcomes. This study examined how area-level deprivation may affect self-rated health (SRH) and life satisfaction (LS), an issue that is largely understudied. Methods We used individual-level data obtained from a nationwide population-based internet survey conducted between 2019 and 2020, as well as municipality-level data obtained from a Japanese government database (N = 12,461 living in 366 municipalities). We developed multilevel regression models to explain an individual’s SRH and LS scores using four alternative measures of municipality-level deprivation, controlling for individual-level deprivation and covariates. We also examined how health behavior and interactions with others mediated the impact of area-level deprivation on SRH and LS. Results Participants in highly deprived municipalities tended to report poorer SRH and lower LS. For example, when living in municipalities falling in the highest tertile of municipality-level deprivation as measured by the z-scoring method, SRH and LS scores worsened by a standard deviation of 0.05 (p < 0.05) when compared with those living in municipalities falling in the lowest tertile of deprivation. In addition, health behavior mediated between 17.6 and 33.1% of the impact of municipality-level deprivation on SRH and LS, depending on model specifications. Conclusion Results showed that area-level deprivation modestly decreased an individual’s general health conditions and subjective well-being, underscoring the need for public health policies to improve area-level socioeconomic conditions.


2016 ◽  
Vol 32 (3) ◽  
pp. 803 ◽  
Author(s):  
Americo Baptista ◽  
Cristina Camilo ◽  
Isabel Santos ◽  
Jose De Almeida Brites ◽  
Joana Brites Rosa ◽  
...  

<p><span lang="EN-GB">The study of happiness was dominated with the model of subjective well-being. With the advent of positive psychology the eudaimonic and hedonic models entered the field, but major surveys continue to use single-item measures of life satisfaction or happiness. We study the associations between life satisfaction and happiness, measured single-items with a graphic representation of a ladder and a thermometer, and three models of happiness: the subjective well-being, the eudaimonic and hedonic. The results showed that subjective well-being was the main predictor of life satisfaction and hedonic model also predicted a small amount of this variable. For happiness the predictors were the same but in reversed order, the main predictor was the hedonic model and a small variance was explained by subjective well-being. Contrary to our hypothesis the eudaimonic perspective of happiness was not a predictor in none of the models. These results underline the importance of the interaction between a cognitive or appraisal perspective and the hedonic perspectives for the study of happiness.</span></p>


Sign in / Sign up

Export Citation Format

Share Document