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Have Econometric Analyses of Happiness Data Been Futile? A Simple Truth About Happiness Scales

Chen, Le‐Yu - 2019

Econometric analyses in the happiness literature typically use subjective well-being (SWB) data to compare the mean of observed or latent happiness across samples. Recent critiques show that com-paring the mean of ordinal data is only valid under strong assumptions that are usually rejected by...

Persistent link: https://www.econbiz.de/10012870349

Have econometric analyses of happiness data been futile? : a simple truth about happiness scales

Chen, Le-Yu; Oparina, Ekaterina; Powdthavee, Nattavudh; … - 2019

Persistent link: https://www.econbiz.de/10011979193

Happiness and development

Nikolova, Milena - 2016

Subjective well-being (SWB) indicators, such as positive and negative emotions, life evaluations, and assessments of having purpose and meaning and life are increasingly used alongside income, employment, and consumption measures to provide a more comprehensive view of human progress. SWB...

Persistent link: https://www.econbiz.de/10011517733

How threatening are transformations of happiness scales to subjective wellbeing research?

Kaiser, Caspar F.; Vendrik, Maarten C. - 2020

Two recent papers argue that many results based on ordinal reports of happiness can be reversed with suitable monotonic increasing transformations of the associated happiness scale (Bond and Lang 2019; Schröder and Yitzhaki 2017). If true, empirical research utilizing such reports is in trouble....

Persistent link: https://www.econbiz.de/10012322174

A measure of well-being efficiency based on the world happiness report

Sarracino, Francesco; O'Connor, Kelsey J. - 2022

We estimate a measure of well-being efficiency that assesses 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)...

Persistent link: https://www.econbiz.de/10013431350

A measure of well-being efficiency based on the World Happiness Report

Sarracino, Francesco; O'Connor, Kelsey J. - 2022

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...

Persistent link: https://www.econbiz.de/10013164102

A Measure of Well-Being Efficiency Based on the World Happiness Report

Sarracino, Francesco; O'Connor, Kelsey J. - 2022

Persistent link: https://www.econbiz.de/10014242743

Subjective questions to measure welfare and well-being

Ferrer-i-Carbonell, Ada - 2002

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/10011326409

Using life satisfaction and happiness data for environmental valuation : an experienced preference approach

Ferreira, Susana; Moro, Mirko; Welsch, Heinz - 2024

A growing literature in economics uses subjective well-being data collected in surveys as a proxy for utility. Environmental economists have combined these data with the public goods experienced by respondents using a novel non-market valuation approach: the experienced preference approach. In...

Persistent link: https://www.econbiz.de/10014454771

Happiness of Economists

Feld, Lars P. - 2014

We study the importance of economists' professional situation toward their life satisfaction based on a unique survey … of mostly academic economists. On average, economists report to be highly happy with life. Satisfaction is positively … related to spending more time on doing research. The lack of a tenured position decreases satisfaction. However, the extent to …

Persistent link: https://www.econbiz.de/10013040007