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The well-known Easterlin paradox points out that average happiness has remained constant over time despite sharp rises … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … also discuss the relation (or not) between happiness and utility and discuss some non-happiness research (behavioural …
Persistent link: https://www.econbiz.de/10013316988
social relations and of the environment, employment, and job satisfaction. In this chapter we survey the economic literature … functionings) approach, the use of subjective life satisfaction measures, and the calculation of equivalent incomes. We discuss the … respected and where in each approach the boundaries of individual responsibility are drawn. We compare the measurement of …
Persistent link: https://www.econbiz.de/10014025349
This paper provides arguments in favor of using subjective questions as a proxy to measure welfare and well-being. This approach makes it possible to avoid having to define welfare and well-being means and having to identify the relevant indicators. Instead, individuals themselves define their...
Persistent link: https://www.econbiz.de/10010324942
A growing literature has tried to measure the extent to which individuals have equal opportunities to acquire income. At the same time, policy makers have doubled down on efforts to go beyond income when measuring well- being. We attempt to bridge these two areas by measuring the extent to which...
Persistent link: https://www.econbiz.de/10011716166
A growing literature has tried to measure the extent to which individuals have equal opportunities to acquire income. At the same time, policy makers have doubled down on efforts to go beyond income when measuring well-being. We attempt to bridge these two areas by measuring the extent to which...
Persistent link: https://www.econbiz.de/10011717717
population in Germany receives basic social benefits; however, according to the Laeken indicators used across Europe, over 20 per … cent of the population are at risk of poverty. A glance at the different methods of calculation explains this large …
Persistent link: https://www.econbiz.de/10011312706
, absence of corruption, and generosity) identified in the World Happiness Reports and apply Data Envelopment Analysis to a …-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom of choice …
Persistent link: https://www.econbiz.de/10013164102
of choice, absence of corruption, and generosity) identified in the World Happiness Reports and apply Data Envelopment … well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom …
Persistent link: https://www.econbiz.de/10013431350
of choice, absence of corruption, and generosity) identified in the World Happiness Reports and apply Data Envelopment … well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom …
Persistent link: https://www.econbiz.de/10014242743
This paper advances a new framework for defining a country's material wellbeing based on the distribution of consumer durables, building on the recent material wellbeing literature that calls for an increased focus on both the level and the distribution of consumption and wealth. Our framework...
Persistent link: https://www.econbiz.de/10013016663