A discussion on a country's development and economic growth is often related to its interconnectedness with other countries. Whereas there are several measures of countries' interconnectedness presented in the literature, few of them are asymmetric or time-varying. We propose a new, so called...

Richer people are happier than poorer people, but when a country becomes richer over time, its people do not become happier. This seemingly contradictory pair of findings of Richard Easterlin has be-come famous as the Easterlin Paradox. However, it was met with counterevidence. To shed more...

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 with declining generosity. This is the principal...

This article sets out the conceptual framework and results of Regional Quality of Living indicators that were developed in order to benchmark European NUTS2 regions. Nine non-business-related indicators are constructed to support the goal of policy makers to improve the attractiveness of regions...