Arbeitspapier

Formal institutions and subjective well-being: Revisiting the cross-country evidencee

A long tradition in economics explores the association between the quality of formal institutions and economic performance. The literature on the relationship between such institutions and happiness is, however, rather limited. In this paper, we revisit the findings from recent cross-country studies on the institutions-happiness association. Our findings suggest that the conclusions reached by previous studies are fairly sensitive to the specific measure of happiness used. In addition, the results indicate that the welfare effects of policies may differ across phases of a country's economic development. This bears important policy implications which we discuss in the concluding section of the paper.

Sprache
Englisch

Erschienen in
Series: KOF Working Papers ; No. 192

Klassifikation
Wirtschaft
General Welfare; Well-Being
Structure and Scope of Government: General
Publicly Provided Goods: General
Thema
Happiness
institutions
policy implications
Lebensqualität
Zufriedenheit
Institutionelle Infrastruktur
Institutionalismus
Welt

Ereignis
Geistige Schöpfung
(wer)
Bjørnskov, Christian
Dreher, Axel
Fischer, Justina A.V.
Ereignis
Veröffentlichung
(wer)
ETH Zurich, KOF Swiss Economic Institute
(wo)
Zurich
(wann)
2008

DOI
doi:10.3929/ethz-a-005626337
Handle
Letzte Aktualisierung
20.09.2024, 08:20 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bjørnskov, Christian
  • Dreher, Axel
  • Fischer, Justina A.V.
  • ETH Zurich, KOF Swiss Economic Institute

Entstanden

  • 2008

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