Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63558 
Authors: 
Year of Publication: 
2004
Series/Report no.: 
WIDER Research Paper No. 2004/29
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
This investigation studies human well-being from a subjective well-being approach. On the basis of a Mexican database the investigation shows that there is a weak relationship between subjective well-being and indicators of well-being such as income and consumption. Therefore, subjective well-being provides additional useful information to study human well-being and, in consequence, poverty. Three reasons for the existence of a weak relationship are studied: First, the fact that a person is much more than a consumer; second, the role of heterogeneity in human perceptions; and third, the existence of heterogeneity in purposes of life. The understanding and abatement of poverty would be better served by a concept of human well-being which incorporates subjective well-being indicators and which is based on the wholeness and complexity of human beings.
Subjects: 
socioeconomic indicators
subjective well-being
happiness
poverty
JEL: 
I31
I32
J10
ISBN: 
9291906166
Document Type: 
Working Paper

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