Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/71662
Authors: 
Easterlin, Richard A.
Year of Publication: 
2013
Series/Report no.: 
Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit 7234
Abstract: 
If society's goal is to increase people's feelings of well-being, economic growth in itself will not do the job. Full employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not only in higher income nations but also in countries that account for most of the population of the less-developed world. These conclusions are suggested by an analysis of a wide range of evidence on happiness in countries throughout the world.
Subjects: 
happiness
life satisfaction
subjective well-being
economic growth
safety net policies
developed countries
transition countries
less developed countries
China
JEL: 
I31
I38
O21
F20
D60
E60
Document Type: 
Working Paper

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