The paper explores issues with assessing wellbeing in OECD countries based on self-reported life satisfaction surveys in a pooled regression over time and countries, at the country level and the OECD average. The results, which are in line with previous studies of subjective wellbeing, show...

This paper looks beyond the broad notion of social capital – which has been applied to a number of different phenomena –in order to clarify (i) the range of different elements that are encompassed by the term; and (ii) what needs to be done to further statistical research and development in...

This paper uses data from the Gallup World Poll to explore the determinants of subjective well-being. The paper builds on the existing literature on the determinants of subjective well-being in three areas. First, the paper systematically examines the drivers of measures of affect as well as the...

The last decade has seen a sustained surge of interest in measures of subjective well-being on the part of economists and other social scientists. The vast majority of the academic literature on subjective well-being focuses on measures of life evaluation, as does most discussion of how measures...

A major challenge in the measurement of well-being and progress is to link indicators of high-level societal outcomes with specific policy interventions. This is important not only for better informing the public, but also to provide the means for policy makers and advisors to assess the impacts...

Based on a production-theoretic framework, we measure the effects of real output prices, primary inputs, multi-factor productivity growth, and depreciation on Korea’s real net income growth over the past 30 years. The empirical analysis is based on a new dataset for Korea with detailed...