This chapter reviews the ways that economists measure the aggregate economic performance of national economies. Efficiency and productivity analysis using the methodologies of data envelopment analysis and stochastic frontier analysis has made a significant contribution to this challenge after...

We exploit the cross-country differences in economic freedom to examine the link between the quality of institutions and subjective well-being. Using Veenhoven's happiness dataset, the evidence suggests countries with better economic institutions and higher level of economic freedom, captured by...

Das Konzept der Verwirklichungschancen (Capabilities) des Ökonomienobelpreisträgers Amartya Sen bildet eine neue Grundlage der deutschen Armuts- und Reichtumsberichterstattung. Dieser Sammelband zum Capability-Ansatz diskutiert konzeptionelle Grundlagen sowie mögliche Anwendungen auf Armuts-...