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Persistent link: https://www.econbiz.de/10014423390
The study of international well-being and its distribution remains focused on income. This paper addresses … multidimensional well-being from a capabilities perspective during the last one-and-a-half centuries. Relative inequality (population … terms but widening in absolute terms. Countries in the middle and lower deciles of the world distribution achieved the …
Persistent link: https://www.econbiz.de/10012820189
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Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main … categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings … represent a considerable improvement over GDP information in approximating social welfare. This gives support to the idea that …
Persistent link: https://www.econbiz.de/10010430649
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Many scholars have argued that once “basic needs” have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing...
Persistent link: https://www.econbiz.de/10014157982
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …- being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their …
Persistent link: https://www.econbiz.de/10013225019
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10013132796
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10013132818