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Happiness and Economic Performance

  • Oswald, Andrew J

If a nation's economic performance improves, how much extra happiness does that buy its citizens? Most public debate assume -without real evidence- that the answer is a lot. This paper examines the question by using information on the well-being in Western countries.

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Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 107 (1997)
Issue (Month): 445 (November)
Pages: 1815-31

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Handle: RePEc:ecj:econjl:v:107:y:1997:i:445:p:1815-31
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  1. Björklund, Anders, 1984. "Unemployment and Mental Health: Some Evidence from Panel Data," Working Paper Series 120, Research Institute of Industrial Economics.
  2. Di Tella, R. & MacCulloch, R.J.: Oswald, A.J., 1997. "The Macroeconomics of Happiness," Papers 19, Centre for Economic Performance & Institute of Economics.
  3. David G. Blanchflower & Andrew Oswald, 2000. "The Rising Well-Being of the Young," NBER Chapters, in: Youth Employment and Joblessness in Advanced Countries, pages 289-328 National Bureau of Economic Research, Inc.
  4. David G. Blanchflower & Andrew J. Oswald, 2000. "Well-Being Over Time in Britain and the USA," NBER Working Papers 7487, National Bureau of Economic Research, Inc.
  5. Clark, Andrew E. & Oswald, Andrew J., 1994. "Satisfaction and comparison income," CEPREMAP Working Papers (Couverture Orange) 9408, CEPREMAP.
  6. Doh Shin, 1980. "Does rapid economic growth improve the human lot? Some empirical evidence," Social Indicators Research, Springer, vol. 8(2), pages 199-221, June.
  7. Christopher T. Whelan, 1991. "The Role of Income, Life-Style Deprivation and Financial Strain in Mediating the Impact of Unemployment on Psychological Distress. Published in Journal of Occupational and Organizational Psychology, V," Papers WP020, Economic and Social Research Institute (ESRI).
  8. Clark, Andrew E., 1997. "Job satisfaction and gender: Why are women so happy at work?," Labour Economics, Elsevier, vol. 4(4), pages 341-372, December.
  9. Clark, Andrew E. & Oswald, Andrew J. & Warr, Peter B., 1994. "Is job satisfaction u-shaped in age ?," CEPREMAP Working Papers (Couverture Orange) 9407, CEPREMAP.
  10. Nicholas Crafts, 1997. "Some dimensions of the 'quality of life' during the British industrial revolution," Economic History Working Papers 20349, London School of Economics and Political Science, Department of Economic History.
  11. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
  12. Layard, Richard, 1980. "Human Satisfactions and Public Policy," Economic Journal, Royal Economic Society, vol. 90(363), pages 737-50, December.
  13. Winkelmann, Liliana & Winkelmann, Rainer, 1998. "Why Are the Unemployed So Unhappy? Evidence from Panel Data," Economica, London School of Economics and Political Science, vol. 65(257), pages 1-15, February.
  14. David G. Blanchflower & Richard B. Freeman, 1994. "The Legacy of Communist Labor Relations," NBER Working Papers 4740, National Bureau of Economic Research, Inc.
  15. Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
  16. Boskin, Michael J & Sheshinski, Eytan, 1978. "Optimal Redistributive Taxation when Individual Welfare Depends upon Relative Income," The Quarterly Journal of Economics, MIT Press, vol. 92(4), pages 589-601, November.
  17. Oswald, Andrew J., 1983. "Altruism, jealousy and the theory of optimal non-linear taxation," Journal of Public Economics, Elsevier, vol. 20(1), pages 77-87, February.
  18. Craig Fox & Daniel Kahneman, 1992. "Correlations, causes and heuristics in surveys of life satisfaction," Social Indicators Research, Springer, vol. 27(3), pages 221-234, November.
  19. Blanchflower, David G & Oswald, Andrew J, 1998. "What Makes an Entrepreneur?," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 26-60, January.
  20. Gerlach, Knut & Stephan, Gesine, 1996. "A paper on unhappiness and unemployment in Germany," Economics Letters, Elsevier, vol. 52(3), pages 325-330, September.
  21. Yew-Kwang Ng, 1996. "Happiness surveys: Some comparability issues and an exploratory survey based on just perceivable increments," Social Indicators Research, Springer, vol. 38(1), pages 1-27, May.
  22. Robin Douthitt & Maurice Macdonald & Randolph Mullis, 1992. "The relationship between measures of subjective and economic well-being: A new look," Social Indicators Research, Springer, vol. 26(4), pages 407-422, June.
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