This paper aims to test empirically if certain frequently used measures of wellbeing,which are regarded as valuable properties of human life, are actuallydesired by people. In other words, it investigates whether the “expertjudgments” in social science overlap with social consensus on what...

The transition from a command economy in the FSU resulted in increasedactivities in the informal sector. However despite prevalent delays in wagepayments many workers were still observed to be working full-time in theformal sector. Here a model of workers' labour supply decisions...

In the Former Soviet Union, the early 1990s were characterized by largefalls in GDP and small changes to already low unemployment. The slowadjustment to unemployment was a result of employers using variousmeans to maintain employment levels, including; extended periods ofunpaid leave, reduced...

Economic transition lowered happiness on average, but did not affect allequally. This paper uses Hungarian survey data to study the impact ofreligion and economic transition on happiness. Religious involvementcontributes positively to individuals’ self-reported well-being.Controlling for...

In the past few years the informal sector in countries in transition hasincreasingly become the focus of research, public policy and the media.The term ‘informal sector’ has been used to describe an extremely widespectrum of activities, which do not necessarily have much in common,such as...