Life satisfaction and economic conditions in East and West Germany pre- and post-unification

Easterlin, R. A. & Plagnol, A. (2008). Life satisfaction and economic conditions in East and West Germany pre- and post-unification. Journal of Economic Behavior & Organization, 68(3-4), pp. 433-444. doi: 10.1016/j.jebo.2008.06.009

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Abstract

Economic disruption in East Germany at the time of unification resulted in a noticeable drop in life satisfaction. By the late 1990s East Germany's life satisfaction had recovered to about its 1990 level, and its shortfall relative to West Germany was slightly less than that before unification. In West Germany life satisfaction was fairly constant before unification, but subsequently trended moderately downward, with Turkish life satisfaction declining noticeably relative to Germans. Changes in life satisfaction in East and West Germany both for Germans and foreigners are most closely associated with relative income variables, not absolute income.

Item Type: Article
Uncontrolled Keywords: Social sciences, economics, business & economics, life satisfaction, happiness, relative income, income satisfaction, transition economies, reunification, preferences, transition
Subjects: B Philosophy. Psychology. Religion > BF Psychology
Divisions: School of Social Sciences > Department of Psychology
URI: http://openaccess.city.ac.uk/id/eprint/2553

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