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Rejoinder

Alan B. Krueger, Daniel Kahneman, David Schkade, Norbert Schwarz, and Arthur A. Stone (eds)

in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226454566
eISBN:
9780226454573
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454573.003.0010
Subject:
Economics and Finance, Econometrics

This chapter explains several valid points about the strengths and weaknesses of the proposed method for National Time Accounting (NTA), particularly regarding the idea of measuring subjective ... More


National Time Accounting: The Currency of Life

Alan B. Krueger, Daniel Kahneman, David Schkade, Norbert Schwarz, and Arthur A. Stone (eds)

in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226454566
eISBN:
9780226454573
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454573.003.0002
Subject:
Economics and Finance, Econometrics

This chapter describes how National Time Accounting (NTA) can be used to compare groups of individuals, countries, and eras. NTA provides a method for tracking time allocation and assessing whether ... More


Measuring National Well-Being

David M. Cutler (ed.)

in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226454566
eISBN:
9780226454573
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454573.003.0004
Subject:
Economics and Finance, Econometrics

This chapter evaluates National Time Accounting (NTA) and it is noted that the major issue is the distinction between the process of consumption and the existential value of consumption. According to ... More


National Time Accounting and National Economic Accounting

J. Steven Landefeld and Shaunda Villones (eds)

in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226454566
eISBN:
9780226454573
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454573.003.0005
Subject:
Economics and Finance, Econometrics

This chapter provides a comparison of the National Time Accountings (NTAs) to the U.S. national economic accounts, that is, the National Income and Products Accounts (NIPAs). Like the NIPAs, which ... More


Measuring Real Income with Leisure and Household Production

William Nordhaus (ed.)

in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226454566
eISBN:
9780226454573
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454573.003.0006
Subject:
Economics and Finance, Econometrics

This chapter explains that emotions and subjective experience are not interpersonally comparable. The chapter notes that to be interpersonally comparable a variable must have a uniquely defined zero ... More


International Evidence on Well-Being

David G. Blanchflower (ed.)

in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226454566
eISBN:
9780226454573
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454573.003.0008
Subject:
Economics and Finance, Econometrics

This chapter compares the results of evaluated time use to those of more conventional well-being measures, including life satisfaction and happiness. It is observed that many of the findings from ... More


Thoughts on “National Time Accounting: The Currency of Life”

Erik Hurst (ed.)

in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226454566
eISBN:
9780226454573
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454573.003.0009
Subject:
Economics and Finance, Econometrics

This chapter discusses an objection to one of the National Time Accounting (NTA) approaches, that is, some people seek out and want to experience negative emotions. For example, people sometimes pay ... More


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