Work and life satisfaction depend on a number of pecuniary and non-pecuniary factors at the workplace and determine these in turn. We analyze these causal linkages using a structural vector autoregression approach for a German sample of the working populace from 1984 to 2008, finding that...

This article deals with various methods concerning income advantages of owner occupied housing (imputed rental value or imputed rents), which shows to be one of the most important non-monetary income components. We also explore the effects of such advantages on the personal distribution of...

Can sustainability economics profit from the fusion with Amartya Sen's capability approach, thereby gaining solid normative foundations and wider applicability? We argue that this fusion is mistaken to the extent that the capability approach is essentially a static normative framework while...

In Amartya Sen's capability approach, policy makers can focus on different levels to influence the well-being of a society. A dimension that is usually neglected is improving individuals’ “conversion efficiency”, i.e. the efficiency with which individual resources are converted into...