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Measures of subjective well-being have gained substantial attention in economics as quantitative approximations of individual welfare. They allow researchers to study relevant determinants of welfare on an individual as well as on a societal level. These determinants might not to be easily...
Persistent link: https://www.econbiz.de/10012943714
Using data drawn from the 2010 American Time Use Survey Well-Being Module, this study examines the relationship between three measures of subjective well-being based on time-use data and an objective measure of well-being. Whereas the measures of affect – net affect and the U-index – are...
Persistent link: https://www.econbiz.de/10013014008
In this article, we lay out the basic case for wellbeing as the goal of government. We briefly review the history of this idea, which goes back to the ancient Greeks and was the acknowledged ideal of the Enlightenment. We then discuss possible measures on which a wellbeing orientation could be...
Persistent link: https://www.econbiz.de/10012859762
Older people experience high rates of depression and suicide, yet they make a positive net contribution to the economy through activities such as employment, volunteering, and looking after grandchildren. The wellbeing of older people is therefore important not only on moral but also economic...
Persistent link: https://www.econbiz.de/10012827336
Two recent papers argue that many results based on ordinal reports of happiness can be reversed with suitable monotonic increasing transformations of the associated happiness scale (Bond and Lang 2019; Schröder and Yitzhaki 2017). If true, empirical research utilizing such reports is in trouble....
Persistent link: https://www.econbiz.de/10013314880
affect measures - life satisfaction, enjoyment, smiling and being well-rested – and four negative affect variables – pain … ranks lowest - just below South Sudan. The Nordic countries that traditionally rank high using life satisfaction do not rank …
Persistent link: https://www.econbiz.de/10014240489
We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom of choice, absence of corruption, and generosity)...
Persistent link: https://www.econbiz.de/10014242743
fuel poverty and a set of well-being outcomes: life-satisfaction, self-reported health measures and more objectively … associations with life satisfaction and fibrinogen, one of our biological health measures. The presence of these strong …
Persistent link: https://www.econbiz.de/10014087664
that active volunteers report significantly higher life satisfaction, feelings of worthwhileness, social connectedness, and …
Persistent link: https://www.econbiz.de/10013223786
Econometric analyses in the happiness literature typically use subjective well-being (SWB) data to compare the mean of observed or latent happiness across samples. Recent critiques show that comparing the mean of ordinal data is only valid under strong assumptions that are usually rejected by...
Persistent link: https://www.econbiz.de/10012890952