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- Title
Well-Being, Social Capital and Public Policy: What's New?
- Authors
Helliwell, John F.
- Abstract
This article summarises recent empirical research on the determinants of subjective well-being. Results from national and international samples suggest that measures of social capital, including especially the corollary measures of specific and general trust, have substantial effects on well-being beyond those flowing through economic channels. Cross-national samples (supported by parallel analysis of suicide data) show large well-being effects from the quality of government. Finally, using well-being data to estimate the income-equivalents non-financial aspects of the workplace produces numbers so large as to suggest the existence of unexploited opportunities to improve both employee satisfaction and enterprise efficiency.
- Subjects
SOCIOECONOMICS; SOCIAL capital; SOCIAL influence; WELL-being; HAPPINESS
- Publication
Economic Journal, 2006, Vol 116, Issue 510, pC34
- ISSN
0013-0133
- Publication type
Article
- DOI
10.1111/j.1468-0297.2006.01074.x