This paper is an empirical study of partial hedonic adaptation. It provides longitudinal evidence that people who become disabled go...
The paper compares two prominent approaches to assessing Human Well-Being, the Capability Approach and the Subjective Well-Being Approach. It investigates...
Well-being is a complex construct that concerns optimal experience and functioning. Current research on well-being has been derived from two...
Today, as in the past, within a country at a given time those with higher incomes are, on average, happier....
Material aspirations are initially fairly similar among income groups; consequently more income brings greater happiness. Over the life cycle, however,...
The paper approaches the ‘market versus state’ issue from the perspective of constitutional political economy, a research program that has...
Most questionnaires to obtain reports of happiness are primitive with the results obtained of low (interpersonal) comparability. This paper argues...
Does individual well-being depend on the absolute level of income and consumption or is it relative to one’s aspirations? In...
Using various methods, the size of the shadow economy in 76 developing, transition, and OECD countries is estimated. Average size...
Fiscal rules, such as the excessive deficit procedure and the stability and growth pact (SGP), aim at constraining government behavior....