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Happiness and Economic Performance

  • Oswald, A.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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Paper provided by Centre for Economic Performance & Institute of Economics in its series Papers with number 18.

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Length: 28 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:cepies:18
Contact details of provider: Postal: United Kingdom; Centre for Economic Performance & Institute of Economics and Statistics, Oxford University. Manor Road. Oxford OX1 3Ul
Web page: http://www.economics.ox.ac.uk/
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  1. 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.
  2. Nicholas Crafts, 1997. "Some Dimensions of the Quality of Life during the British Industrial Revolution," CEP Discussion Papers dp0339, Centre for Economic Performance, LSE.
  3. Andrew Clark, . "Job Satisfaction and Gender. Why are Women so Happy at Work?," Economics Discussion Papers 415, University of Essex, Department of Economics.
  4. Andrew E. Clark and Andrew J. Oswald, . "Satisfaction and Comparison Income," Economics Discussion Papers 419, University of Essex, Department of Economics.
  5. 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.
  6. Gerlach, Knut & Stephan, Gesine, 1996. "A paper on unhappiness and unemployment in Germany," Economics Letters, Elsevier, vol. 52(3), pages 325-330, September.
  7. 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.
  8. 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.
  9. 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.
  10. Layard, Richard, 1980. "Human Satisfactions and Public Policy," Economic Journal, Royal Economic Society, vol. 90(363), pages 737-50, December.
  11. David G. Blanchflower & Andrew J. Oswald, 1997. "The Rising Well-Being of the Young," NBER Working Papers 6102, National Bureau of Economic Research, Inc.
  12. DiTella, Rafael & MacCulloch, Robert & Oswald, Andrew J., 1999. "The macroeconomics of happiness," ZEI Working Papers B 03-1999, ZEI - Center for European Integration Studies, University of Bonn.
  13. 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.
  14. 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.
  15. 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.
  16. David Blanchflower & Richard Freeman, 1993. "The Legacy of Communist Labor Relations," CEP Discussion Papers dp0180, Centre for Economic Performance, LSE.
  17. Björklund, Anders, 1984. "Unemployment and Mental Health: Some Evidence from Panel Data," Working Paper Series 120, Research Institute of Industrial Economics.
  18. 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).
  19. 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.
  20. Clark, Andrew E. & Oswald, Andrew J. & Warr, Peter B., 1994. "Is job satisfaction u-shaped in age ?," CEPREMAP Working Papers (Couverture Orange) 9407, CEPREMAP.
  21. Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
  22. 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.
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