Reported Happiness, Fast and Slow

22 Pages Posted: 3 Jun 2012

See all articles by Raphael Studer

Raphael Studer

Independent

Rainer Winkelmann

University of Zurich - Statistics and Empirical Economic Research; IZA Institute of Labor Economics; Centre for Economic Policy Research (CEPR)

Date Written: May 1, 2012

Abstract

In this paper, we test how reporting behaviors (response time, cognitive effort, questionnaire order) affect reported happiness in a large Dutch internet panel survey. We find that slower responses and higher cognitive effort reduce reported happiness. Moreover, in multivariate happiness equations, these factors moderate the estimated effect of income on happiness, while no interaction effects are found for other determinants of happiness. As a consequence, relative marginal effects may not be invariant to reporting circumstances.

Keywords: Reporting function, happiness, mood

JEL Classification: I31

Suggested Citation

Studer, Raphael and Winkelmann, Rainer, Reported Happiness, Fast and Slow (May 1, 2012). Available at SSRN: https://ssrn.com/abstract=2071876 or http://dx.doi.org/10.2139/ssrn.2071876

Rainer Winkelmann

University of Zurich - Statistics and Empirical Economic Research ( email )

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Centre for Economic Policy Research (CEPR)

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