https://helda.helsinki.fi/dhanken//bitstream/123456789/202614/2/1_s2.0_S0883902617301672_main.pdf

Entrepreneurship and well-being: The role of psychological autonomy, competence, and relatedness

Well-being is an essential outcome of engagement in entrepreneurship, but the pathway from self-employment to well-being is poorly understood. To address this, we develop a model in which psycholog...

Entrepreneurship and Subjective Well-Being: The Mediating Role of Psychological Functioning:

An increasing number of studies suggest that the relationship between higher education and subjective well-being (SWB) is either insignificant or negative. Most of these studies, however, use life satisfaction as a proxy for SWB. In this study, using longitudinal data from the Household Income and Labor Dynamics in Australia survey, I examine the link between higher education and three different measures of subjective well-being: life satisfaction and its different sub-domains (evaluative), positive and negative affect (hedonic), and engagement and purpose (eudaimonic). Three substantial results emerge: (1) people with higher education are more likely to report higher levels of eudaimonic and hedonic SWB, i.e., they view their lives as more meaningful and experience more positive emotions and less negative ones; (2) people with higher education are satisfied with most life domains (financial, employment opportunities, neighborhood, local community, children at home) but they report lower satisfaction with the amount of free time they have; (3) the positive effect of higher education is increasing, but at a decreasing rate; the SWB gains from obtaining a graduate degree are much lower (on the margin) compared to getting a college degree.

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Does Higher Education Increase Hedonic and Eudaimonic Happiness

Digitalisation, social entrepreneurship and national well-being

Recent research has documented a negative relationship between education and happiness. We test the hypothesis that the extent to which education makes an individual happy depends on their current age in life. We find suggestive evidence that people with higher education are more likely to be happier, on average, than their less educated counterparts starting in their early to mid-30s.

Pavel Rusakov

Papers

Education and happiness: an alternative hypothesis