This paper the issues involved in taking a broader, quality of life-based approach rather than an income-based approach to assessing welfare. Using tools provided by the economics of happiness and relying on both large-scale surveys and field research in Latin America, the paper shows how a...

Improves our understanding of the determinants of well-being in Latin America using a broad "quality-of-life" concept that challenges standard assumptions in economics, including those about the relationship between happiness and income. Builds upon new economic approaches related to the study...

"Focuses on the role in the policymaking process of new metrics for measuring the effects on individual well-being of institutional, macroeconomic, and policy environments--for example, the effects of macroeconomic uncertainty and lack of access to health insurance--as well as the effects of...

Flexible work time and retirement options are a potential solution for the challenges of unemployment, aging populations, and unsustainable pensions systems around the world. Voluntary part-time workers in Europe and the US are happier, experience less stress and anger, and are more satisfied...