Understanding child-related costs is crucial given their impact on fertility and labour supply decisions. We quantify and compare the cost of children in Europe by analysing the effect of child births on parents’ self-reported ability to make ends meet. This study is based on EUSILC...

Since measures of well-being are meant to be an exercise in documentation, but also a tool for policies and priorities, we suggest an operative way to use them. We evaluate both technical and social efficiency of countries in producing the Better Life Index (BLI) objectives. To assess the...

Viele meinen, dass es sich in Städten etwas schneller lebt. Unabhängig davon, ob ein solch subjektives Lebensgefühl die Zeiten der Stadt wiedergeben kann, ist unbestreitbar, dass Städte einem unaufhörlichen Wandel unterworfen sind. Speziell Großstädte gelten seit Beginn des 20....

The "Easterlin paradox" suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...