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This paper examines a famous puzzle in social science. Why do some nations report such high happiness? Denmark, for … Italy do relatively poorly. Yet the explanation for this ranking - one that holds even after adjustment for GDP and socio …
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. This entry also briefly discusses: recent history of well-being measurement; what makes people better off in theory; the …
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Existing well-being measurement initiatives in the region, such as the Quality of Life Indicators in Korea, Bhutan …’s Gross National Happiness Index and Quality of Life Index in the Philippines, shed some insight on dimensions that should be … considered for measuring well-being beyond GDP in Asia. Dimensions of housing, health, education, environment and civic …
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Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good … life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012195532
and subjective well-being. Using Veenhoven's happiness dataset, the evidence suggests countries with better economic … confounders of national subjective well-being such as income, unemployment, inequality, social capital and life satisfaction. The … effect of institutions on cross-national happiness is both significant and robust to different model specifications …
Persistent link: https://www.econbiz.de/10012965175
Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often …-Sen-Fitoussi Commission, in its Report on the Measurement of Economic Performance and Social Progress, put forward a number of recommendations …
Persistent link: https://www.econbiz.de/10012133155
This paper provides arguments in favor of using subjective questions as a proxy to measure welfare and well-being. This approach makes it possible to avoid having to define welfare and well-being means and having to identify the relevant indicators. Instead, individuals themselves define their...
Persistent link: https://www.econbiz.de/10011326409