The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to a Large Improvement in Housing

A fundamental question in economics is whether happiness increases pari passu with improvements in material conditions or whether humans grow accustomed to better conditions over time. We rely on a large-scale experiment to examine what kind of impact the provision of housing to extremely poor popul...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Galiani, Sebastián, Gertler, Paul J., Undurraga, Raimundo
Formato:	Articulo Documento de trabajo
Lenguaje:	Inglés
Publicado:	2015
Materias:	Ciencias Económicas JEL: I31 bienestar social pobreza Happiness, Adaptation, Poverty, Experimental Evidence
Acceso en línea:	http://sedici.unlp.edu.ar/handle/10915/51281 http://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas184.pdf
Aporte de:	SEDICI (UNLP) de Universidad Nacional de La Plata

id	I19-R120-10915-51281
record_format	dspace
institution	Universidad Nacional de La Plata
institution_str	I-19
repository_str	R-120
collection	SEDICI (UNLP)
language	Inglés
topic	Ciencias Económicas JEL: I31 bienestar social pobreza Happiness, Adaptation, Poverty, Experimental Evidence
spellingShingle	Ciencias Económicas JEL: I31 bienestar social pobreza Happiness, Adaptation, Poverty, Experimental Evidence Galiani, Sebastián Gertler, Paul J. Undurraga, Raimundo The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to a Large Improvement in Housing
topic_facet	Ciencias Económicas JEL: I31 bienestar social pobreza Happiness, Adaptation, Poverty, Experimental Evidence
description	A fundamental question in economics is whether happiness increases pari passu with improvements in material conditions or whether humans grow accustomed to better conditions over time. We rely on a large-scale experiment to examine what kind of impact the provision of housing to extremely poor populations in Latin America has on subjective measures of well-being over time. The objective is to determine whether poor populations exhibit hedonic adaptation in happiness derived from reducing the shortfall in the satisfaction of their basic needs. Our results are conclusive. We find that subjective perceptions of wellbeing improve substantially for recipients of better housing but that after, on average, eight months, 60% of that gain disappears.
format	Articulo Documento de trabajo
author	Galiani, Sebastián Gertler, Paul J. Undurraga, Raimundo
author_facet	Galiani, Sebastián Gertler, Paul J. Undurraga, Raimundo
author_sort	Galiani, Sebastián
title	The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to a Large Improvement in Housing
title_short	The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to a Large Improvement in Housing
title_full	The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to a Large Improvement in Housing
title_fullStr	The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to a Large Improvement in Housing
title_full_unstemmed	The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to a Large Improvement in Housing
title_sort	half-life of happiness: hedonic adaptation in the subjective well-being of poor slum dwellers to a large improvement in housing
publishDate	2015
url	http://sedici.unlp.edu.ar/handle/10915/51281 http://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas184.pdf
work_keys_str_mv	AT galianisebastian thehalflifeofhappinesshedonicadaptationinthesubjectivewellbeingofpoorslumdwellerstoalargeimprovementinhousing AT gertlerpaulj thehalflifeofhappinesshedonicadaptationinthesubjectivewellbeingofpoorslumdwellerstoalargeimprovementinhousing AT undurragaraimundo thehalflifeofhappinesshedonicadaptationinthesubjectivewellbeingofpoorslumdwellerstoalargeimprovementinhousing AT galianisebastian halflifeofhappinesshedonicadaptationinthesubjectivewellbeingofpoorslumdwellerstoalargeimprovementinhousing AT gertlerpaulj halflifeofhappinesshedonicadaptationinthesubjectivewellbeingofpoorslumdwellerstoalargeimprovementinhousing AT undurragaraimundo halflifeofhappinesshedonicadaptationinthesubjectivewellbeingofpoorslumdwellerstoalargeimprovementinhousing
bdutipo_str	Repositorios
_version_	1764820475558494213

The Half-Life of Happiness: Hedonic Adaptation in the Subjective Well-Being of Poor Slum Dwellers to a Large Improvement in Housing

Ejemplares similares