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Working Hours and Job Sharing in the EU and USA: Are Europeans Lazy? Or Americans Crazy?

Tito Boeri, Michael Burda, and Francis Kramarz (eds)

Published in print:
2008
Published Online:
May 2008
ISBN:
9780199231027
eISBN:
9780191710834
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199231027.001.0001
Subject:
Economics and Finance, Public and Welfare

In the last fifty years, the gap in labour productivity between Europe and the US has narrowed considerably with estimates in 2005 suggesting a EU-US labour productivity gap of about 5%. Yet, average ... More


Freedom, Agency and Well‐Being

Amartya Sen

in Inequality Reexamined

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289289
eISBN:
9780191596896
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198289286.003.0005
Subject:
Economics and Finance, Public and Welfare

The concentration on the freedom to achieve and not just on the level of achievement raises some deep questions about the connection between the appraisal of the alternative achievements and the ... More


The Capabilities Approach

Erik Schokkaert

in The Handbook of Rational and Social Choice

Published in print:
2009
Published Online:
May 2009
ISBN:
9780199290420
eISBN:
9780191710506
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199290420.003.0024
Subject:
Economics and Finance, Public and Welfare

Capabilities and functionings are new and attractive concepts for assessing the well‐being and advantage of individuals. Functionings refer to a person's achievements, i.e. what she manages to do or ... More


Trends in the Well-Being of American Women: 1970–1995

Francine D. Blau

in Gender, Inequality, and Wages

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199665853
eISBN:
9780191745805
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199665853.003.0011
Subject:
Economics and Finance, Macro- and Monetary Economics, Public and Welfare

This chapter delineates the trends in the well-being of American women over the last quarter century of the 1900s, painting a picture of substantial progress toward gender equality across a number of ... More


Investigations in the Economics of Aging

David A. Wise (ed.)

Published in print:
2012
Published Online:
September 2013
ISBN:
9780226903132
eISBN:
9780226903163
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903163.001.0001
Subject:
Economics and Finance, Public and Welfare

One of the most well-established relationships in the economics of aging is that between health and wealth. Yet this relationship is also changing in conjunction with a rapidly aging population as ... More


Measuring Sustainability

Marc Fleurbaey and Didier Blanchet

in Beyond GDP: Measuring Welfare and Assessing Sustainability

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199767199
eISBN:
9780199332557
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199767199.003.0003
Subject:
Economics and Finance, Public and Welfare

This chapter focuses on the specific issue of sustainability. It first discusses the shortcomings of approaches in terms of either intertemporal or sustainable well-being. It considers the way the ... More


Beyond GDP: Measuring Welfare and Assessing Sustainability

Marc Fleurbaey and Didier Blanchet

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199767199
eISBN:
9780199332557
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199767199.001.0001
Subject:
Economics and Finance, Public and Welfare

In spite of recurrent criticism and an impressive production of alternative indicators by scholars and NGOs, GDP remains the central indicator of countries’ success. This book revisits the ... More


Equivalent Income, or How to Value What Has No Price

Marc Fleurbaey and Didier Blanchet

in Beyond GDP: Measuring Welfare and Assessing Sustainability

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199767199
eISBN:
9780199332557
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199767199.003.0005
Subject:
Economics and Finance, Public and Welfare

This chapter examines an approach which involves willingness-to-pay instead of prices and shadow prices. It involves measuring individual well-being by “equivalent income,” also called “money-metric ... More


Is Happiness All that Matters?

Marc Fleurbaey and Didier Blanchet

in Beyond GDP: Measuring Welfare and Assessing Sustainability

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199767199
eISBN:
9780199332557
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199767199.003.0006
Subject:
Economics and Finance, Public and Welfare

This chapter analyzes the ethical underpinnings of subjective well-being indicators, their connections to psychological and philosophical background theories, their relation to economic concepts, and ... More


Empowering Capabilities

Marc Fleurbaey and Didier Blanchet

in Beyond GDP: Measuring Welfare and Assessing Sustainability

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199767199
eISBN:
9780199332557
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199767199.003.0007
Subject:
Economics and Finance, Public and Welfare

This chapter focuses on the “capability approach” (CA) introduced by Sen and Nussbaum in the 1980s. In a nutshell, this approach advocates focusing on a comprehensive list of functionings ... More


Does Retirement Make You Happy?: A Simultaneous Equations Approach

Raquel Fonseca, Arie Kapteyn, Jinkook Lee, Gema Zamarro, and Anne Case

in Insights in the Economics of Aging

Published in print:
2017
Published Online:
September 2017
ISBN:
9780226426679
eISBN:
9780226426709
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226426709.003.0012
Subject:
Economics and Finance, Public and Welfare

Continued improvements in life expectancy and fiscal insolvency of public pensions have led to increased pension entitlement ages in several countries, but its consequences for subjective well-being ... More


US Food and Nutrition Programs

Hilary Hoynes and Diane Whitmore Schanzenbach

in Economics of Means-Tested Transfer Programs in the United States, Volume I

Published in print:
2016
Published Online:
May 2017
ISBN:
9780226370477
eISBN:
9780226370507
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226370507.003.0004
Subject:
Economics and Finance, Public and Welfare

This chapter provides an overview of the patchwork of U.S. food and nutrition programs, with detailed discussions of SNAP (formerly the Food Stamp Program), WIC, and the school breakfast and lunch ... More


The Financial Crisis and the Well- Being of America

Angus Deaton

in Investigations in the Economics of Aging

Published in print:
2012
Published Online:
September 2013
ISBN:
9780226903132
eISBN:
9780226903163
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903163.003.0011
Subject:
Economics and Finance, Public and Welfare

This chapter analyzes daily measures of self-reported well-being (SWB), and how they respond to financial and macroeconomic circumstances. It is organized as follows. Section 10.2 briefly discusses ... More


Emerging Labor Market Institutions for the Twenty-First Century

Richard B. Freeman, Joni Hersch, and Lawrence Mishel Mishel (eds)

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226261577
eISBN:
9780226261812
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226261812.001.0001
Subject:
Economics and Finance, Public and Welfare

Private sector unionism is in decline in the United States. As a result, labor advocates, community groups, nongovernmental organizations, and individuals concerned with the well-being of workers ... More


Cognition and Economic Outcomes in the Health and Retirement Survey

John J. McArdle, James P. Smith, and Robert Willis (eds)

in Explorations in the Economics of Aging

Published in print:
2011
Published Online:
February 2013
ISBN:
9780226903378
eISBN:
9780226903385
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903385.003.0008
Subject:
Economics and Finance, Public and Welfare

This chapter looks at the aspect of the socioeconomic status (SES) called health dynamic, focusing on cognitive skills as potentially influencing economic well-being over the life course. The growing ... More


Early Retirement, Social Security, and Well-Being in Germany

Axel Börsch-Supan and Hendrik Jürges

in Developments in the Economics of Aging

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226903354
eISBN:
9780226903361
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903361.003.0006
Subject:
Economics and Finance, Public and Welfare

This chapter examines long-term development in subjective well-being or overall life satisfaction before and after retirement. Several hypotheses are considered: (1) early retirees suffer from ... More


Policies for Happiness

Stefano Bartolini, Ennio Bilancini, Luigino Bruni, and Pier Luigi Porta (eds)

Published in print:
2016
Published Online:
May 2016
ISBN:
9780198758730
eISBN:
9780191818653
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198758730.001.0001
Subject:
Economics and Finance, Behavioural Economics, Public and Welfare

Happiness research is raising new questions that capture the attention of a growing public audience. This book considers three classes of such questions, attempting to provide answers in a format ... More


E pluribus unum [One Out of Many]

Jim Leitzel

in Concepts in Law and Economics: A Guide for the Curious

Published in print:
2015
Published Online:
September 2015
ISBN:
9780190213978
eISBN:
9780190214005
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190213978.003.0001
Subject:
Economics and Finance, Public and Welfare

A person living in complete isolation will serve society’s interests when she serves her own interests because she constitutes all of her society. When multiple people share a society, however, we ... More


Social Impacts: Health, Housing, Intergenerational Mobility

Abigail McKnight and Frank Cowell

in Changing Inequalities in Rich Countries: Analytical and Comparative Perspectives

Published in print:
2014
Published Online:
April 2014
ISBN:
9780199687435
eISBN:
9780191767135
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199687435.003.0007
Subject:
Economics and Finance, Public and Welfare

The connections between inequality and social outcomes are complex; there may be several causal mechanisms and in some instances the causal link is in the reverse direction: This chapter focuses on ... More


Policy Consequences of Happiness Research

Bruno S. Frey and Alois Stutzer

in Policies for Happiness

Published in print:
2016
Published Online:
May 2016
ISBN:
9780198758730
eISBN:
9780191818653
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198758730.003.0002
Subject:
Economics and Finance, Behavioural Economics, Public and Welfare

Based on the economic analysis of subjective well-being, policy proposals in two areas, i.e. unemployment and status seeking behavior have been raised. We discuss the suggestion that due to the high ... More


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