Beyond GDP: The Quest for a Measure of Social Welfare. Part II

2012 ◽  
pp. 32-51 ◽  
Author(s):  
M. Fleurbaey
Keyword(s):  
Social Welfare ◽  
Social Relations ◽  
Well Being ◽  
Welfare Economics ◽  
Subjective Well Being ◽  
Alternative Approaches ◽  
Micro Level ◽  
Beyond Gdp

The second part of the paper is devoted to the non-monetary indicators of social welfare. Various approaches to the study of subjective well-being and happiness are described. The author shows what problems a researcher would encounter trying to analyze welfare on the micro-level and to take account of the cognitive and affective aspects of the individuals assessment of their well-being, as well as the relevance of social relations. The author also shows to what extent the alternative approaches, particularly the analysis of functionings and capabilities advanced by A. Sen are compatible to the modern welfare economics and what prospects the latter has.

Beyond GDP: The Quest for a Measure of Social Welfare. Part I

2012 ◽  
pp. 67-93 ◽  
Author(s):  
M. Fleurbaey
Keyword(s):  
Economic Theory ◽  
Social Welfare ◽  
Well Being ◽  
National Product ◽  
Future Generations ◽  
Modern Economic ◽  
Aggregate Wealth ◽  
Net National Product ◽  
Sustainability Policy ◽  
Beyond Gdp

The first part of the paper is devoted to the monetary indicators of social welfare. It is shown which methods of quantitative estimating the aggregate wealth and well-being are available in the modern economic theory apart from the traditional GDP measure. The limitations of the methods are also discussed. The author shows which measures of welfare are adequate in the dynamic context: he considers the problems of intertemporal welfare analysis using the Net National Product (NNP) for the sustainability policy and in the context of concern for well-being of the future generations.

scholarly journals The Effect of Fixed-Term Employment on Well-Being: Disentangling the Micro-Mechanisms and the Moderating Role of Social Cohesion

2020 ◽  
Vol 152 (1) ◽  
pp. 91-115
Author(s):  
Sonja Scheuring
Keyword(s):  
Social Cohesion ◽  
Well Being ◽  
Control Group ◽  
Subjective Well Being ◽  
Social Contacts ◽  
Country Level ◽  
Micro Level ◽  
Deprivation Model ◽  
The Impact

Abstract This paper examines the impact of fixed-term employment on well-being from a cross-national comparative perspective by testing (1) the effect heterogeneity across European countries, (2) to which extent Jahoda’s Latent Deprivation Model provides a sufficient micro-level explanation for the underlying mechanisms and (3) whether the macro-level factor of social cohesion weakens the micro-level impacts. We investigate the effects in both an upwards (permanent employment) and a downwards (unemployment) comparative control group design. Due to the mediating role of social contacts on the micro-level, we assume social cohesion on the country-level to moderate the main effects: A high degree of societal affiliation should substitute the function of social contacts in the work environment of individuals. Using microdata from the European Social Survey (ESS) 2012 for 23 countries and applying multilevel estimation procedures, we find that there is a remarkable variation in the effects across countries. Even though in each country fixed-term employees have a lower subjective well-being compared to permanent ones, the point estimates vary from .17 to 1.19 units. When comparing fixed-term employees to unemployed individuals, the coefficients even range from − .27 to 1.25 units. More specifically, a negative effect indicates that having a fixed-term contract is worse than unemployment in some countries. Moreover, pooled linear regression models reveal that Jahoda’s Latent Deprivation Model explains about three-quarters of the micro-level effect sizes for both directions. Eventually, social cohesion on the country-level diminishes the individual-level well-being differences between fixed-term employees and permanent individuals but not between fixed-term employees and the unemployed.

scholarly journals Subjective Well-being in Italian Regions: A Panel Data Approach

2020 ◽  
Author(s):  
Cosimo Magazzino ◽  
Angelo Leogrande
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Income Inequality ◽  
Social Relations ◽  
Well Being ◽  
Subjective Well Being ◽  
Economic Determinants ◽  
Italian Regions

Abstract We use data from the new ISTAT-BES database to estimate the socio-economic determinants of subjective well-being in Italian regions between 2004 and 2016. Empirical findings show that subjective well-being is positively associated with education, income and social relations. Our findings imply that governments should improve subjective well-being increasing the level of investment in education, deepening economic growth, reducing income inequality and promoting social relations.

"A comparative study of work culture and well-being of private and government school teachers".

2017 ◽  
Vol 4 (36) ◽  
Author(s):  
B. P. Singh
Keyword(s):  
Mental Health ◽  
Social Relations ◽  
Short Form ◽  
Well Being ◽  
Work Culture ◽  
Subjective Well Being ◽  
School Teachers ◽  
Government School ◽  
Significant Difference ◽  
Culture And Mental Health

The present study conducted on 200 private and government school teachers working in Bhiwani district of Haryana. The purpose was to study the effect of work culture on well-being of teachers working in private and government school. Scale of work culture and mental Health Continuum short form was used for Collection of data. The data was analyzed to get mean, S.D. and t value. The results indicate that there exists a significant difference in all components of work culture which influences well-being of the teachers. The result indicates that there exists a significant difference in all components of subjective well-being of private and government school teachers. There is a positive correlation between work culture and subjective well-being. Happy teachers are creative, progressive, innovative, flexible in cognition, energetic, healthy and have good social relations.

A Closer Look at Life Goals across Adulthood: Applying A Developmental Perspective to Content, Dynamics, and Outcomes of Goal Importance and Goal Attainability

2019 ◽  
Vol 33 (3) ◽  
pp. 359-384 ◽  
Author(s):  
Janina Larissa Bühler ◽  
Rebekka Weidmann ◽  
Jana Nikitin ◽  
Alexander Grob
Keyword(s):  
Social Relations ◽  
Personal Growth ◽  
Well Being ◽  
Life Goals ◽  
Developmental Perspective ◽  
Subjective Well Being ◽  
Personality Psychology ◽  
Adult Lifespan ◽  
Growth Status ◽  
Goal Importance

It is well established that goals energize and direct behaviour across the lifespan. To better understand how goals are embedded in people's lives across adulthood, the present research examined life goals’ content (health, personal growth, prosocial engagement, social relations, status, work), dynamics (interplay between goal importance and goal attainability), and outcomes (subjective well–being) from a developmental perspective. We argue that people rate those goals as important and attainable that enable them to master developmental tasks, that they adapt their goals to personal capacities, and that goals predict subjective well–being after 2 and 4 years. The sample included 973 individuals (18–92 years old, M = 43.00 years) of whom 637 participated 2 years later and 573 participated 4 years later. Goal importance and well–being were assessed at all occasions and goal attainability at the first two occasions. Results indicated that age was negatively associated with importance and attainability of personal–growth, status, and work goals but positively associated with importance and attainability of prosocial–engagement goals. The association between goal importance and attainability was largely bidirectional over time; and goal attainability, rather than goal importance, was positively linked to later well–being. Implications of these findings are discussed in light of adult lifespan development. © 2019 European Association of Personality Psychology

scholarly journals THE PSYCHOLOGICAL FEATURES OF ADAPTATION IN FIRST-YEAR UNIVERSITY STUDENTS

2020 ◽  
Vol 13 (1) ◽  
pp. 44-53
Author(s):  
Aleksandr Viktorovich Antonovskii ◽  
Elena Vladimirovna Balakshina ◽  
Svetlana Igorevna Filippchenkova
Keyword(s):  
University Students ◽  
Social Relations ◽  
Emotional Experience ◽  
Well Being ◽  
First Year ◽  
Subjective Well Being ◽  
First Year Students ◽  
University Environment ◽  
First Year University ◽  
Psychological Features

Background. The article deals with the psychological features of adaptation in first-year university students. The main criteria indicating successful or failed adaptation are highlighted. The study was based on the concept describing human adaptation to changing environmental conditions as a dynamic process, as well as on psychological approaches that reveal the specific aspects of adaptation within the system of complex social relations of a new type. Aim. The article aims to study the features of adaptation in first-year university students through psychodiagnostics for the possibility of compensating negative trends in adaptation to new living conditions. Material and methods. The specificity of the response to educational conditions and students’ adaptation was determined by means of psychodiagnostics of subjective well-being, communicative tolerance, motivation for studying at University, moral normativity of behavior and neuropsychic stability. The sample consisted of students of technical and humanitarian specialties (n =284) aged from 17 to 21 years. Results. A number of important regularities have been established, the main of which are high communicative tolerance, orientation to compliance with the rules, intermediate type of motivation for studying, as well as differences in the severity of the studied characteristics in students, males and females. Conclusion. Adaptation to the components of university environment by first-year students is possible with the activation of all adaptation mechanisms. The nature of adaptation can be assessed through observation of students’ behavior in the team, as well as through the diagnosis of emotional experience, nervous tension, subjective well-being and communicative characteristics, which creates the basis for psychological and pedagogical support of young professionals.

Maximizing Happiness?

2000 ◽  
Vol 1 (2) ◽  
pp. 145-167 ◽  
Author(s):  
Bruno S. Frey ◽  
Alois Stutzer
Keyword(s):  
Economic Policy ◽  
Life Satisfaction ◽  
Social Welfare ◽  
Social Welfare Function ◽  
Well Being ◽  
Revealed Preferences ◽  
Subjective Well Being ◽  
Individual Utility ◽  
Institutional Approach ◽  
Decision Utility

Abstract The measurement of individual happiness challenges the notion that revealed preferences only reliably and empirically reflect individual utility. Reported subjective well-being is a broader concept than traditional decision utility; it also includes concepts like experience and procedural utility. Micro- and macroeconometric happiness functions offer new insights on determinants of life satisfaction. However, one should not leap to the conclusion that happiness should be maximized, as was suggested for social welfare function maximization. In contrast, happiness research strengthens the validity of an institutional approach, such as reflected in the theory of democratic economic policy.

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