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A growing literature has tried to measure the extent to which individuals have equal opportunities to acquire income. At the same time, policy makers have doubled down on efforts to go beyond income when measuring well- being. We attempt to bridge these two areas by measuring the extent to which...
Persistent link: https://www.econbiz.de/10011716166
A growing literature has tried to measure the extent to which individuals have equal opportunities to acquire income. At the same time, policy makers have doubled down on efforts to go beyond income when measuring well-being. We attempt to bridge these two areas by measuring the extent to which...
Persistent link: https://www.econbiz.de/10011717717
over the world currently use ad hoc methods. -- disability ; adaptation ; happiness ; legal compensation ; wellbeing ; GHQ …
Persistent link: https://www.econbiz.de/10003411731
The World Happiness Report is published by the United Nations Sustainable Development Solutions Network and contains an … international ranking of national average happiness, as measured by surveys of personal life evaluations. It also contains an … analysis which tries to explain the happiness figures from more than 150 countries using data on six key variables. That …
Persistent link: https://www.econbiz.de/10012889331
Economics ignores the possibility of hedonic adaptation (the idea that people bounce back from utility shocks). This paper argues that economists are wrong to do so. It provides longitudinal evidence that individuals who become disabled go on to exhibit recovery in mental wellbeing. Adaptation...
Persistent link: https://www.econbiz.de/10013317532
of individual welfare according to which welfare is a matter of mental states rather than preference satisfaction. For …
Persistent link: https://www.econbiz.de/10014214164
Cross-disciplinary 'happiness research' has made big progress in the measurement of individual welfare. This … development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we … postulate that the appropriate approach is not to maximize aggregate happiness in seeking to improve outcomes by direct policy …
Persistent link: https://www.econbiz.de/10014055391
happiness data, for which no natural cardinal scale exists, and which is thus routinely collected by ordinal response. With … applications featuring ordered outcomes, including responses to happiness surveys, researchers may wish to study the impact of a …
Persistent link: https://www.econbiz.de/10012128669
individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …
Persistent link: https://www.econbiz.de/10008662775
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/10011435763