Semantic Scholar
Open Access
2001
4021 sitasi
What Can Economists Learn from Happiness Research?
Bruno S. Frey
A. Stutzer
Abstrak
Over the past few years, there has been a steadily increasing interest on the part of economists in happiness research. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that happiness research is able to contribute important insights for economics. We report how the economic variables income, unemployment and inflation affect happiness as well as how institutional factors, in particular the type of democracy and the extent of government decentralization, systematically influence how satisfied individuals are with their life. We discuss some of the consequences for economic policy and for economic theory.
Topik & Kata Kunci
Penulis (2)
B
Bruno S. Frey
A
A. Stutzer
Akses Cepat
Informasi Jurnal
- Tahun Terbit
- 2001
- Bahasa
- en
- Total Sitasi
- 4021×
- Sumber Database
- Semantic Scholar
- DOI
- 10.1257/002205102320161320
- Akses
- Open Access ✓