What can economists learn from happiness research?
Bruno S. Frey; Alois Stutzer
| Year of publication: |
2001
|
|---|---|
| Authors: | Frey, Bruno S. ; Stutzer, Alois |
| Publisher: |
Munich : Univ., Center for Economic Studies |
| Subject: | Lebensqualität | Quality of life | Sozialer Indikator | Social indicator | Demokratie | Democracy | Arbeitslosigkeit | Unemployment | Einkommen | Income | Inflation | Dezentralisierung | Decentralization | Wirtschaftswissenschaft | Economics | Theorie | Theory | USA | United States | 1972-1996 |
| Extent: | 38 S |
|---|---|
| Series: | CESifo working papers : the international platform of Ludwig-Maximilians University's Center for Economic Studies and the Ifo Institute. - Munich : CESifo, ISSN 1617-9595, ZDB-ID 2023380-2. - Vol. 503 |
| Type of publication: | Book / Working Paper |
| Type of publication (narrower categories): | Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature |
| Language: | English |
| Notes: | Over the past few years, there has been a steadily increasing interest on the part of economists in happiness research. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that happiness research is able to contribute important insights for economics. We report how the economic variables income, unemployment and inflation affect happiness as well as how institutional factors, in particular the type of democracy and the extent of government decentralization, systematically influence how satisfied individuals are with their life. We discuss some of the consequences for economic policy and for economic theory. Internetausg.: ftp://129.187.96.124/CESifo_WP/503.pdf Literaturverz. S. 24 - 32 |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10001597750