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Answers to the Eurobarometer question on Life Satisfaction are used to explore the effects of macroeconomic performance and institutional quality on average levels of self‐assessed well-being in the countries of the enlarged European Union between 2004 and 2011. It is found that variations in...
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The main purpose of this study is to determine the relationship between wealth and happiness. The study, which uses the … 2023 World Happiness Report, uses data from 74 countries. For this purpose, three static and two dynamic models are … estimated in a panel data environment. According to all three models, wealth is a factor of happiness. However, happiness cannot …
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effect on happiness. Specifically legal security and property rights, access to sound money, and freedom from excessive …
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