The Objective Benefits of Subjective Well-Being
In Helliwell, J., Layard, R., & Sachs, J., eds. World Happiness Report 2013. New York: UN Sustainable Development Solutions Network.
35 Pages Posted: 7 Aug 2013
Date Written: August 6, 2013
Abstract
The aim of this paper is to survey the “hard” evidence on the effects of subjective well-being. In doing so, we complement the evidence on the determinants of well-being by showing that human well-being also affects outcomes of interest such as health, income, and social behavior. Generally, we observe a dynamic relationship between happiness and other important aspects of our lives, with influence running in both directions. We also discuss the moderating, mediating, and evolutionary dynamics of human well-being.
Keywords: happiness, subjective well-being, health, income, behavior
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