Arbeitspapier
Wellbeing over 50: A capabilities approach
Drawing on the three key relations in the capabilities approach (Sen, 1985) to welfare economics and using panel data from the English Longitudinal Survey of Aging, this paper illustrates how the capabilities approach to welfare economics can be used to understand wellbeing in older age. Specifically, we estimate models of variables related to all three aspects of a person's wellbeing: functionings, happiness and capabilities. Results indicate that the production of activities depends significantly inter alia on education, health and gender; that happiness depends on a wide variety of activities and that there are potentially significant gender inequalities in the constraints facing women compared with men. The paper concludes that the capabilities approach is a workable approach to empirical welfare economics, applicable to older age, and can generate a range of insights about welfare outcomes and their distribution.
- Sprache
-
Englisch
- Erschienen in
-
Series: Open Discussion Papers in Economics ; No. 77
- Klassifikation
-
Wirtschaft
General Welfare; Well-Being
- Thema
-
capabilities approach
happiness
functionings
constraints
heterogeneity
inequalities
older age
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Anand, Paul
Thomas, Ranjeeta
Gray, Alastair
- Ereignis
-
Veröffentlichung
- (wer)
-
The Open University, Economics Department
- (wo)
-
Milton Keynes
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Anand, Paul
- Thomas, Ranjeeta
- Gray, Alastair
- The Open University, Economics Department
Entstanden
- 2012
Ähnliche Objekte (12)
Well-Being Contextualism and Capabilities
Work, Subjective Well-being and Capabilities
Subjective well-being capabilities: Bridging the gap between the capability approach and subjective well-being research
The Capabilities Approach: Fostering contexts for enhancing mental health and wellbeing across the globe
Women and human development : the capabilities approach
Women and human development : the capabilities approach
Building brand love : a dynamic capabilities approach
Central Capabilities to Well-Being in the Context of Forced Migration: A Scoping Review of Capability Approach-Based Literature
Turmoil over the crisis: innovation capabilities and firm exit
Family Businesses and Adaptation: A Dynamic Capabilities Approach
Circular business model experimentation capabilities—A case study approach
Creating Capabilities : The Human Development Approach and Its Implementation
Well-Being Contextualism and Capabilities
Work, Subjective Well-being and Capabilities
Subjective well-being capabilities: Bridging the gap between the capability approach and subjective well-being research
The Capabilities Approach: Fostering contexts for enhancing mental health and wellbeing across the globe
Women and human development : the capabilities approach
Women and human development : the capabilities approach
Building brand love : a dynamic capabilities approach
Central Capabilities to Well-Being in the Context of Forced Migration: A Scoping Review of Capability Approach-Based Literature
Turmoil over the crisis: innovation capabilities and firm exit
Family Businesses and Adaptation: A Dynamic Capabilities Approach
Circular business model experimentation capabilities—A case study approach
Creating Capabilities : The Human Development Approach and Its Implementation
Well-Being Contextualism and Capabilities
Work, Subjective Well-being and Capabilities
Subjective well-being capabilities: Bridging the gap between the capability approach and subjective well-being research
The Capabilities Approach: Fostering contexts for enhancing mental health and wellbeing across the globe
Women and human development : the capabilities approach
Women and human development : the capabilities approach
Building brand love : a dynamic capabilities approach
Central Capabilities to Well-Being in the Context of Forced Migration: A Scoping Review of Capability Approach-Based Literature
Turmoil over the crisis: innovation capabilities and firm exit
Family Businesses and Adaptation: A Dynamic Capabilities Approach
Circular business model experimentation capabilities—A case study approach