Sundays are Blue: Aren't They? The Day-of-The-Week Effect on Subjective Well-Being and Socio-Economic Status
Institute for the Study of Labor (IZA)
Göteborg University - Department of Economy and Society
IZA Discussion Paper No. 4563
This paper analyses whether individuals are influenced by the day of the week when reporting subjective well-being. By using a large panel data set and controlling for observed and unobserved individual characteristics, we find a large day-of the-week effect. Overall, we find a 'blue' Sunday effect with the lowest level of subjective well-being. The day-of-the-week effect differs with certain socio-economic and demographic factors such as employment, marital status and age. The paper concludes with recommendations for future analyses of subjective well-being data and design of data collections.
Number of Pages in PDF File: 49
Keywords: subjective well-being, day-of-the-week effect
JEL Classification: C23, D60, I31
Date posted: November 17, 2009
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