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.
- Language
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Englisch
- Bibliographic citation
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Series: KOF Working Papers ; No. 192
- Classification
-
Wirtschaft
General Welfare; Well-Being
Structure and Scope of Government: General
Publicly Provided Goods: General
- Subject
-
Happiness
institutions
policy implications
Lebensqualität
Zufriedenheit
Institutionelle Infrastruktur
Institutionalismus
Welt
- Event
-
Geistige Schöpfung
- (who)
-
Bjørnskov, Christian
Dreher, Axel
Fischer, Justina A.V.
- Event
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Veröffentlichung
- (who)
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ETH Zurich, KOF Swiss Economic Institute
- (where)
-
Zurich
- (when)
-
2008
- DOI
-
doi:10.3929/ethz-a-005626337
- Handle
- Last update
-
20.09.2024, 8:20 AM CEST
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bjørnskov, Christian
- Dreher, Axel
- Fischer, Justina A.V.
- ETH Zurich, KOF Swiss Economic Institute
Time of origin
- 2008
Other Objects (12)
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On the relation between income inequality and happiness: Do fairness perceptions matter?
The bigger the better? Evidence of the effect of government size on life satisfaction around the world
On gender inequality and life satisfaction: Does discrimination matter?
On gender inequality and life satisfaction: Does discrimination matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
Inequality and happiness: When perceived social mobility and economic reality do not match
Formal institutions and subjective well-being: Revisiting the cross-country evidence
Cross-country determinants of life satisfaction: Exploring different determinants across groups in society
On the relation between income inequality and happiness: Do fairness perceptions matter?
The bigger the better? Evidence of the effect of government size on life satisfaction around the world
On gender inequality and life satisfaction: Does discrimination matter?
On gender inequality and life satisfaction: Does discrimination matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?
On the relation between income inequality and happiness: Do fairness perceptions matter?