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the Easterlin Paradox and are concurrent across multiple measures of SWB – happiness and life satisfaction. The analysis … suggests richer countries have greater life satisfaction and are happier than poorer countries. Moreover, both SWB measures are … significance of this increasing economic development in enhancing life satisfaction is around 3 times greater than it is for …
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Premature death of a breadwinner can have devastating financial consequences on surviving dependents. This study investigates the role of life insurance in mitigating the long-run financial consequences of spousal mortality. Using the Health and Retirement Study, we examine individuals whose...
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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 …
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This paper examines multidimensional stochastic dominance when one of the indicators of well-being, such as household size or place of residence, is qualitative. It also uses a test for strict dominance based on the empirical likelihood ratio. Empirical applications are based on the DHS...
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"What produces a happy society and a happy life? Thanks to the new science of wellbeing, we can now answer this question using state-of-the-art empirical evidence. This transforms our ability to base our decisions on the outcomes that matter most, namely the wellbeing of us all including future...
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