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Income, Health, and Well-Being around the World: Evidence from the Gallup World Poll

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Author Info
Angus Deaton (Princeton University)

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Abstract

The great promise of surveys in which people report their own level of life satisfaction is that such surveys might provide a straightforward and easily collected measure of individual or national well-being that aggregates over the various components of well-being, such as economic status, health, family circumstances, and even human and political rights. Layard (2005) argues forcefully such measures do indeed achieve this end, providing measures of individual and aggregate happiness that should be the only gauges used to evaluate policy and progress. Such a position is in sharp contrast to the more widely accepted view, associated with Sen (1999), which is that human well-being depends on a range of functions and capabilities that enable people to lead a good life, each of which needs to be directly and objectively measured and which cannot, in general, be aggregated into a single summary measure.

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Publisher Info
Paper provided by Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Health and Wellbeing. in its series Working Papers with number 1124.

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Date of creation: Jan 2008
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Handle: RePEc:pri:cheawb:1124

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Related research
Keywords: Income; health; well-being; Gallup Poll; good life; economic status;

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Find related papers by JEL classification:
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
I00 - Health, Education, and Welfare - - General - - - General
I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
D19 - Microeconomics - - Household Behavior - - - Other

Cited by:
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  1. Ulrich Schimmack, 2008. "Measuring Wellbeing in the SOEP," SOEPpapers 145, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
  2. John F. Helliwell & Christopher P. Barrington-Leigh & Anthony Harris & Haifang Huang, 2009. "International Evidence on the Social Context of Well-Being," NBER Working Papers 14720, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Andreas Knabe & Steffen Rätzel & Ronnie Schöb & Joachim Weimann, 2009. "Dissatisfied with Life, but Having a Good Day: Time-Use and Well-Being of the Unemployed," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    Other versions:
  4. Arie Kapteyn & James P. Smith & Arthur van Soest, 2008. "Comparing Life Satisfaction," Working Papers 623, RAND Corporation Publications Department. [Downloadable!]
  5. Easterlin, Richard A. & Angelescu, Laura, 2009. "Happiness and Growth the World Over: Time Series Evidence on the Happiness-Income Paradox," IZA Discussion Papers 4060, Institute for the Study of Labor (IZA). [Downloadable!]
  6. Talya Miron-Shatz, 2009. ""Am I going to be happy and financially stable?": How American women feel when they think about financial security," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 4(1), pages 102-112, February. [Downloadable!]
  7. Richard Layard & Guy Mayraz & Stephen Nickell, 2009. "Does Relative Income Matter?: Are the Critics Right?," SOEPpapers 210, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
    Other versions:
  8. Arie Kapteyn & James P. Smith & Arthur van Soest, 2008. "Are Americans Really Less Happy With Their Incomes?," Working Papers 591, RAND Corporation Publications Department. [Downloadable!]
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This page was last updated on 2009-11-20.


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