it, or replacing it. This chapter portrays some of these new measures and puts them to a happiness test: compared to the … for 34 OECD societies, we can show that from a happiness perspective, there is-surprisingly-little wrong with the GDP, and … sum, the chapter demonstrates that a happiness perspective can add important insights along the way to facilitate the …

. This entry also briefly discusses: recent history of well-being measurement; what makes people better off in theory; the …

Long term trends in happiness and income are not related; short term fluctuations in happiness and income are … artifact. Some analysts assert that in less developed countries happiness and economic growth are positively related up to some … satisfaction has not improved. …

happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a … happiness. For some countries their estimated growth rates of happiness and GDP are not trend rates, but those observed in … cyclical expansion or contraction. Mixing these short-term with long-term growth rates shifts a happiness-GDP regression from a …

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …

others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly …, and the greater the shortfall, the less one's happiness. There is thus an asymmetry in the psychological roots of income … evaluations when income is rising vs. falling , and this causes a corresponding asymmetry in the response of happiness to the …

In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to … the generosity of welfare state programs— increasing happiness going with increasing generosity and declining happiness … impression that economic growth, social capital, and / or quality of the environment are driving happiness trends, but in the …