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A "happiness test" for the new measures of national well-being: How much better than GDP are they?

Delhey, Jan; Kroll, Christian - 2012

Across the globe there is growing skepticism about the usefulness of GDP as a measure of national well-being. Consequently, several alternative quality-of-life (QOL) measures were developed which either aim at healing the GDP, complementing it, or replacing it. This chapter portrays some of...

Persistent link: https://www.econbiz.de/10010309614

The new stylized facts about income and subjective well-being

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2012

In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...

Persistent link: https://www.econbiz.de/10010291356

What (If Anything) Do Satisfaction Scores Tell Us about the Intertemporal Change in Living Conditions

Wunder, Christoph; Schwarze, Johannes - 2010

This paper looks at the information content of satisfaction scores. It is argued that the information content depends … within one year. This leads to the conclusion that the information content of satisfaction scores accentuates recent changes …-term impact on living conditions. The usefulness of satisfaction scores as an indicator of people's living conditions is discussed. …

Persistent link: https://www.econbiz.de/10011600948

Time and income poverty: An interdependent multidimensional poverty approach with German time use diary data

Merz, Joachim; Rathjen, Tim - 2009

Socio-Economic Panel and estimate the substitution by a CES-utility function of general utility/satisfaction. Given this … Substitution mit einer CES-Nutzenfunktion einer generellen Zufriedenheit. Mit dieser Qantifizierung können wir dann singuläre Zeit …

Persistent link: https://www.econbiz.de/10010290516

Work Hours Constraints: Impacts and Policy Implications

Constant, Amelie F.; Otterbach, Steffen - 2011

, and overall life satisfaction? Labor supply and corresponding demand are fundamental to production. Labor economists know …

Persistent link: https://www.econbiz.de/10010331448

The Anatomy of Subjective Well-being

van Praag, Bernard M. S.; Frijters, P.; … - 2001

Subjective Well-Being has increasingly been studied by several economists. This paper fits in that literature but takes into account that there are different aspects of life such as health, financial situation, and job. We call them domains. In this paper, we consider Subjective Well-Being as a...

Persistent link: https://www.econbiz.de/10010276928

The Anatomy of Subjective Well-being

van Praag, Bernard M.S.; Frijters, P.; … - 2002

This paper contributes to the literature on subjective well-being (SWB) by taking into account different aspects of life, called domains, such as health, financial situation, job, leisure, housing, and environment. We postulate a two-layer model where individual total SWB depends on the...

Persistent link: https://www.econbiz.de/10010324798

Outsourcing, occupational restructuring, and employee well-being: Is there a silver lining?

Böckerman, Petri; Maliranta, Mika - 2012

This paper explores the effects of outsourcing on employee well-being through the use of the Finnish linked employer-employee data. The direct negative effect of outsourcing is attributable to greater job destruction and worker outflow. In terms of perceived well-being, the winners in...

Persistent link: https://www.econbiz.de/10010326870

The current state of research on the two-way linkages between productivity and well-being

Sharpe, Andrew; Fard, Shahrzad Mobasher - 2022

Interest in the topic of well-being has burgeoned in recent years as the weaknesses of gross domestic product (GDP) per capita as a proxy for well-being have become more apparent. At the same time, the global economy has experienced a productivity slowdown. Since productivity growth is...

Persistent link: https://www.econbiz.de/10013346900

Well-being in Germany: What explains the regional variation?

Vatter, Johannes - 2012

. The observed regional pattern of life satisfaction reflects macroeconomic fundamentals, where labour market conditions … unemployment. In total, approximately half of 'satisfaction gap' between East and West Germany can be attributed to differing … macroeconomic conditions. In contrast, the comparably high levels of life satisfaction in Northern Germany are driven mostly by …

Persistent link: https://www.econbiz.de/10010308239