The concern for measuring wellbeing objectively and subjectively is found in modern political philosophy. This study explores objective indicators versus subjective perceptions of human wellbeing in ranking of survey data for districts of Pakistan. Data used for the analysis is ‘The Pakistan...

The happiness literature provides evidence on various factors, other than money, that do seem to contribute to individual happiness. As one explores the produced “happiness socioeconomics” literature, it is direct to understand the difficulty to find proper information on developing...

This paper analyses whether large governments in Europe reflect efficient responses to a changing social and economic environment (‘welfare economic view’) as opposed to wasteful spending (‘public choice view’). To this end, the effect of government size on subjective well-being is...

A long tradition in economics explores the association between the quality of formal institutions and economic performance. The literature on the relationship between such institutions and happiness is, however, rather limited, and inconclusive. In this paper, we revisit the findings from recent...

This paper analyzes the effect of globalization on subjective well-being by using a dataset that combines micro- and macro-level variables for the EU-15 countries from 1975 to 2000. The estimations provide evidence that - in line with theoretical predictions - globalization has benefited...

This paper assesses the impact of 30 years of globalization on gender equity in well-being in Latin America and the Caribbean. Data indicate that while some gaps in well-being have narrowed, progress is uneven across a set of nine indicators, and in some cases, conditions have worsened. Despite...

The question whether a socially mobile society is conducive to subjective well-being (SWB) has rarely been investigated. This paper fills this gap by analyzing the SWB effects of intergenerational earnings mobility and equality in education at the societal level. Using socio-demographic...

The question whether a socially mobile society is conducive to subjective well-being (SWB) has rarely been investigated. This paper fills this gap by analyzing the SWB effects of intergenerational earnings mobility and equality in educational attainment at the societal level. Using...

PURPOSE: This study addresses the impact of late-life paid work on physical and psychological well-being. METHODS: Longitudinal data was drawn from the Health and Retirement Survey and the RAND-HRS data base for more than 6,000 individuals aged 59 to 69 who were working or not-working in the...

We propose a mathematical model of `approximate' interpersonal comparisons of well-being, in terms of an incomplete preorder over a space of `psychophysical states'. We argue that this model is consistent with people's intuitions about interpersonal comparisons, intertemporal preferences, and...