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If a nation's economic performance improves, how much extra happiness does
that buy its citizens? Most public debate assumes -- without real evidence -- that
the answer is a lot. This paper examines the question by using information on
well-being in Western countries. The data are of four kinds: on reported
happiness, on reported life satisfaction, on reported job satisfaction, and on the
number of suicides. These reveal patterns that are not visible to the anecdotal
eye.
In industrialized countries, well-being appears to rise as real national income
grows. But the rise is so small as to be sometimes almost undetectable.
Unemployment, however, seems to be a large source of unhappiness. This
suggests that governments ought to be trying to reduce the amount of joblessness
in the economy. In a country that is already rich, policy aimed instead at raising
economic growth may be of comparatively little value.
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https://www.andrewoswald.com/docs/happecperf.pdf. (Eurobarometer)
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Eurobarometer-Bibliography
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is
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?:name
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Happiness and Economic Performance
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Bibsonomy
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In Economic Journal, 107, 1815-1831, 1997
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EB - Standard and Special Eurobarometer
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1997
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EB_input2014
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EB_pro
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Eurobarometer
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input2014
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