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The limitations of GDP as a measure of welfare are well known. We propose a new method of estimating the well-being of nations. Using gross bilateral international migration flows and a discrete choice model in which everyone in the world chooses a country in which to live, we estimate each...
Persistent link: https://www.econbiz.de/10012860549
We here use repeated cross-section data from the Afrobarometer, Asianbarometer Latinobarometer, and Eurobarometer to analyse the variables that are correlated with both current and future evaluations of standards of living. These are related not only to an individual's own economic resources but...
Persistent link: https://www.econbiz.de/10011947084
. This entry also briefly discusses: recent history of well-being measurement; what makes people better off in theory; the …
Persistent link: https://www.econbiz.de/10013457675
affect measures - life satisfaction, enjoyment, smiling and being well-rested – and four negative affect variables – pain … ranks lowest - just below South Sudan. The Nordic countries that traditionally rank high using life satisfaction do not rank …
Persistent link: https://www.econbiz.de/10014240489
This paper identifies opportunities for increasing individual wellbeing to provide a basis for its measurement and improvement. Opportunities for increasing wellbeing exist in the private, non-profit and government sectors by introducing elements of network governance to complement, restrain and...
Persistent link: https://www.econbiz.de/10014122815
affect measures - life satisfaction, enjoyment, smiling and being well-rested - and four negative affect variables - pain … ranks lowest - just below South Sudan. The Nordic countries that traditionally rank high using life satisfaction do not rank …
Persistent link: https://www.econbiz.de/10013471233
slightly after 2020 as life expectancy dipped. This secular improvement is mirrored in life satisfaction which has been rising …
Persistent link: https://www.econbiz.de/10014325714
, although it fell slightly after 2020 as life expectancy dipped. This secular improvement is mirrored in life satisfaction which …
Persistent link: https://www.econbiz.de/10014322884
"more is better," based on revealed preference theory, is wrong. An increase in income, and thus in the goods at one … better theory of well-being builds on the evidence that adaptation and social comparison affect utility more in pecuniary …
Persistent link: https://www.econbiz.de/10013320008
"What produces a happy society and a happy life? Thanks to the new science of wellbeing, we can now answer this question using state-of-the-art empirical evidence. This transforms our ability to base our decisions on the outcomes that matter most, namely the wellbeing of us all including future...
Persistent link: https://www.econbiz.de/10014380147