Welfare And Happiness: Influence Of Income And Social Capital In European Countries
AbstractThe research on happiness has raised the need to take into account other factors than income if the objectives are to maximize social welfare and to improve the quality of life. Our work has two aims. First, we study the link between happiness and other related concepts as utility and quality of life. This allows us to compare three criteria that have been proposed as a guide for public policy –maximizing utility, maximizing happiness and improving quality of life– and determine the role of income and other factors in each of them. Secondly, we carry out an empirical analysis of the relationship between subjective well-being, income per capita and social capital. To this end, we make a descriptive analysis of data and estimate an econometric model for a sample of European countries, using aggregate data.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by University of Santiago de Compostela. Faculty of Economics and Business. in its journal Revista Galega de Economía.
Volume (Year): 20 (2011)
Issue (Month): ex ()
Well-being; Welfare; Happiness; Social capital.;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ana Iglesias Casal).
If references are entirely missing, you can add them using this form.