The theoretical analysis of the concepts of social capital and of social cohesion shows that social capital should be considered as a micro concept whereas social cohesion, being a broader concept than social capital, is a more appropriate concept for macro analysis. Therefore, we suggest that...

This paper explores the current state and interfaces of two broad policy discourses, i.e. that of policies for knowledge-based economies (KBEs) and policy implications of happiness research, which so far have exhibited little explicit cross-referencing. I first review the state of 'mainstream'...

There are two fairly widespread economic beliefs in Hungary that we investigate in this study and try to confirm or reject. People mostly see poverty and marginal labour market status as indicators of laziness and own tax evasion behaviour. People believe that the actual income of the poor and...

Research on happiness has produced valuable insights into the sources of subjective well-being that are of importance to economics. A major nding from this literature is that people exhibit a "baseline" level of happiness that shows persistent strength over time. Here we explore the extent to...

We use life satisfaction and Body Mass Index (BMI) information from three waves of the SOEP to test for social interactions in BMI between spouses. Social interactions require that the cross-partial effect of partner's weight and own weight in the utility function be positive. Using life...

The death of a spouse is an extremely stressful life event that consequently causes a large drop in life satisfaction. Reactivity to the loss, however, varies markedly, a phenomenon that is currently not well understood. Because lack of controllability essentially contributes to the stressful...

This is a diagnostic research paper and aims to identify the extent to which Romanians perceive themselves to be optimistic or pessimistic, rich or poor, in the current socio-economic conditions. People register a significant decrease in optimism associated with generalized negative expectations...