Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/145222 
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers No. 10088
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Subjective well-being (SWB) indicators, such as positive and negative emotions, life evaluations, and assessments of having purpose and meaning and life are increasingly used alongside income, employment, and consumption measures to provide a more comprehensive view of human progress. SWB measures have several advantages but also challenges which development scholars and practitioners need to carefully consider before introducing such metrics in the policy arena. This article provides an overview of the SWB approach and offers insights into whether and how SWB measures can inform development theory and practice.
Subjects: 
development policy
subjective well-being
happiness
measurement
JEL: 
I31
O10
Document Type: 
Working Paper

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