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In this paper, the attributes and variables that characterize the development and welfare of rich countries (EU27) are reviewed. The relationship between the wealth levels and some estimates using synthetic indices of social development is analyzed (SDI). For this purpose, we firstly use the...
Persistent link: https://www.econbiz.de/10015241815
In this paper, the attributes and variables featuring the development of the World countries are reviewed. The relationship between wealth levels and some estimates using synthetic indices of social development is analyzed. With this aim, we firstly use the indicators estimated by UNDP....
Persistent link: https://www.econbiz.de/10015245618
In this paper, the attributes and variables that characterize the development and welfare of rich countries (EU27) are reviewed. The relationship between the wealth levels and some estimates using synthetic indices of social development is analyzed (SDI). For this purpose, we firstly use the...
Persistent link: https://www.econbiz.de/10015241974
Cross-national studies on happiness have focused on differences in level of happiness. The focus of this paper is on spread in happiness in the nation, also called ‘inequality in happiness’. Inequality in happiness in nations can be measured by the size of the standard deviation of responses...
Persistent link: https://www.econbiz.de/10015267712
Cross-national studies on happiness have focused on differences in level of happiness. The focus of this paper is on spread in happiness in the nation, also called ‘inequality in happiness’. Inequality in happiness in nations can be measured by the size of the standard deviation of responses...
Persistent link: https://www.econbiz.de/10015267721
Relatively small sectoral productivity shocks could lead to sizable macroeconomic variability. Whereas most contributions in the literature analyze the issue of aggregate sensitivity using simple general equilibrium models, a novel approach is proposed in this paper, based on stochastic...
Persistent link: https://www.econbiz.de/10015244998
There is a widespread opinion that goods, especially foods, and services in Russia are very cheap as compared to the US. A number of Russian statistical indicators characterizing the cost of living, either directly or indirectly, seemingly corroborate this opinion. This paper demonstrates that...
Persistent link: https://www.econbiz.de/10015215596
GDP per capita is used as the basic measure of economic development and prosperity across the world. However, it is a limited measure of living standards, focussed on capturing changes in economic output per person and neglecting many things central to quality of life. Several alternative...
Persistent link: https://www.econbiz.de/10015258696
One of the reasons for promoting sustainable consumption is that it may give rise to greater happiness of a greater number, at least in the long run. In this paper I explore the strength of that moral account. I take stock of the assumed effects of sustainable consumption on happiness and next...
Persistent link: https://www.econbiz.de/10015267733
Happiness is rising on the political agenda and this calls for measures of how well nations perform in creating great happiness for a great number, analogous to measures of success in creating wealth, such as GDP. Happiness is defined as subjective enjoyment of one’s life as-a-whole and this...
Persistent link: https://www.econbiz.de/10015267742