The Objective Benefits of Subjective Well-Being
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 behaviour. Generally, we observe a dynamic relationship between happiness and other important aspects of our lives, with influence running in both directions.
9 August 2013 Paper Number CEPDP1236
This CEP discussion paper is published under the centre's Community Wellbeing programme.