Three years ago, ERSTE Foundation, Erste Group and the University of Tartu decided to try out something new: changing perspective to explore financial well-being through a human lens. At ERSTE Foundation, we aim to understand what prosperity means to individuals and our societies and how our...

Vor drei Jahren beschlossen wir gemeinsam mit der Erste Group und der Universität Tartu, etwas Neues auszuprobieren: eine neue Perspektive einzunehmen und finanzielles Wohlbefinden vom Menschen ausgehend zu beleuchten. Wir bei der ERSTE Stiftung wollen verstehen, was Wohlstand für den oder die...

Development of Happiness in the Contemporary World explores the shift from GDP-focused metrics to alternative models like Doughnut Economics, highlighting innovative approaches to measuring well-being and sustainability in modern economic systems

We report eleven studies that show declines in life satisfaction and happiness among young adults in the last decade or so, with less uniform trends among older adults. We found consistent evidence for this for the U.S. in the recent sweeps of several micro data sets including the Behavioral...

We propose a measure of well-being efficiency to assess countries' ability to transform inputs into subjective well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom of choice, absence of corruption, and generosity) identified in...

This chapter uses happiness data to assess the quality of government. Our happiness data are drawn from the Gallup World Poll, starting in 2005 and extending to 2017 or 2018. In our analysis of the panel of more than 150 countries and generally over 1,500 national-level observations, we show...