Happiness in economics

Abstract

Part 1 Early contributors: happiness and income - does economic growth improve the human lot? some empirical evidence, Richard A. Easterlin determinants of the happiness-income relationship - preferences or happiness?, Jeffrey Friedman and Adam McCabe, my own criticism of The Joyless Economy, Tibor Scitovsky, economic growth and social welfare - the need for a complete study of happiness, Yew-Kwang Ng policy implications -the frame of reference as a public good, Robert H. Frank, human satisfactions and public policy, R. Layard the Leyden analysis of income norms - the measurement of welfare and well-being - the Leyden approach, Bernard M.S. van Praag and Paul Frijters, the relativity of utility - evidence from panel data, Huib can de Stadt, relative utility and income growth - an example, Arie Kapteyn. Part 2 Recent contributions - the determinants of happiness: happiness and economic performance, Andrew J. Oswald unhappiness and unemployment, Andrew E. Clark and Andrew J. Oswald preferences over inflation and unemployment - evidence from surveys of happiness, Rafael di Tella et al happiness, economy and institutions, Bruno S. Frey and Alois Stutzer income and happiness - towards a unified theory, Richard A. Easterlin rationality, joy and freedom, Amartya Sen.

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