How to assess happiness? A tale of three measures
AbstractA growing literature in economics points to the importance of targeting policy towards making people happy rather than towards making them well-off. Empirical work in this area relies, however, on a simple direct question to survey respondents on how happy they feel. This study shows, using three different measures of happiness/unhappiness, that while there was a commonality in the factors making for happiness (or unhappiness), the quantitative strength of the factors, in terms of their effects on the various outcomes, differed according to the definition used. Moreover, some factors influenced particular measures of happiness but did not influence others.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 12 (2005)
Issue (Month): 3 ()
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Blanchflower, David G. & Oswald, Andrew J., 2001.
"Well-Being Over Time in Britain and the USA,"
The Warwick Economics Research Paper Series (TWERPS)
616, University of Warwick, Department of Economics.
- Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
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