Income,happiness, and the disutility of labour |
| |
Authors: | Andreas Knabe Steffen Rätzel |
| |
Affiliation: | 1. Faculty of Economics and Administration, University of Malaya, Malaysia;2. Department of Economics, University of Reading, UK;3. Centre on Skills, Knowledge and Organisational Performance, Oxford, UK;4. IZA, University of Bonn, Germany;5. School of Education, Environment and Development (SEED), University of Manchester, UK;1. Swiss National Centre of Competence in Research LIVES — Overcoming vulnerability: Life course perspectives (NCCR LIVES), University of Lausanne, Switzerland;2. NCCR LIVES, University of Zurich, Switzerland;3. Department of Psychology, University of Zurich, Switzerland;4. Institute of Psychology, University of Lausanne, Switzerland |
| |
Abstract: | We re-examine the claim that the income effect on happiness is downward biased because higher income demands more work effort. We find no evidence of an underestimation because the impact of working hours on happiness is rather small and hill-shaped. |
| |
Keywords: | |
本文献已被 ScienceDirect 等数据库收录! |
|