Results

Journal article

Social Science and Medicine:

Do people get used to working long hours?

Overemployment - working more hours than desired - affects nearly one-third of European workers, yet its consequences remain understudied. Using data from the German Socio-Economic Panel (SOEP, 1984-2019, N = 43,570) and...Read more...

CEP occasional paper

CEP wellbeing coefficient database

Wellbeing cost-benefit analysis requires credible estimates of how much specific life circumstances change subjective wellbeing. This paper documents and contextualises a compendium of 123 such estimates, drawn from 19 d...Read more...

Blog

Bloomberg Trumponomics (podcast):

Are We Being Priced Out of Happiness?

Americans are spending less time with friends, nights out are getting more expensive and even major sporting events are becoming harder to afford. Stephanie Flanders speaks with Bloomberg reporter Ben Steverman and econo...Read more...

Blog

LSE Impact:

Prevention loses budget battles - wellbeing economics can change the maths

From extreme heat to heavy rains, governments are increasingly faced with the need to be prepared for the impacts of climate change. Christian Krekel and Sara MacLennan outline how wellbeing economics can make a compelli...Read more...

Blog

Radical (podcast):

What Is The Secret To Happiness? (Your Radical Questions with Lord Richard Layard)

For this week's Q&A, Amol is joined by the economist, author, Labour peer, and happiness champion Lord Richard Layard. In their previous conversation, Lord Layard outlined his radical idea; that government policymaking s...Read more...

Blog

Radical (podcast):

Happiness Rules: Should Wellbeing Dictate Government Policy?

This week, Amol sits down with Lord Richard Layard, the author, economist, and Labour peer who has spent decades making the case for happiness and wellbeing. He successfully helped implement talking therapy to the NHS, a...Read more...

CentrePiece article

Finding meaning at work

Helping employees assess their jobs through the lens of purpose increases productivity and narrows gender gaps in career choices...Read more...

CEP occasional paper

Wellbeing appraisal for Low Traffic Neighbourhoods. Underpinning evidence and assumptions

Low Traffic Neighbourhoods (LTNs) are a series of measures to reduce traffic volumes and increase active modes of travel in residential areas. They typically restrict cars from certain streets and can include bollards or...Read more...

CEP discussion paper

What is the public?s social welfare function?

Optimal public policy requires a social welfare function defined over individual utilities. While there is substantial research on income-based social welfare functions, no published study has directly elicited public pr...Read more...

Journal article

Journal of Public Economics:

Is it possible to raise national happiness?

We revisit the famous Easterlin paradox by considering that life evaluation scales refer to a changing context, hence they are regularly reinterpreted. We propose a simple model of rescaling based on both retrospective a...Read more...

Journal article

Journal of Health Economics:

The value of a park in crises: quantifying the health and wellbeing benefits of green spaces using exogenous variations in use values

Most people consider parks important for their quality of life, yet systematic causal evidence is missing. We exploit exogenous variations in their use values to estimate causal effects. Using a representative household ...Read more...

Blog

University of Oxford:

Expert Comment: The firms racing to replace people with AI will be the first to fall

Jan-Emmanuel De Neve, Professor of Economics and Behavioural Science at Oxford's Sa??d Business School and CEP Associate, argues that companies racing to replace staff with AI risk hollowing out their own future....Read more...

Journal article

Scientific Reports:

Sharing meals is associated with greater wellbeing

Although social connections are important drivers of wellbeing, and sharing meals is a nearly universal practice, the relationship between sharing meals and wellbeing remains underexplored. In Study 1, using novel data f...Read more...

Blog

The We Society (podcast):

How happy is the world in 2026? with Jan-Emmanuel De Neve

Our guest, Professor Jan-Emmanuel De Neve shares with us the top findings from the recently released 2026 World Happiness Report. He is Professor of Economics and Behavioural Science at the University of Oxford and Dire...Read more...

External report

World Happiness Report 2026

In North America and Western Europe, young people are much less happy than 15 years ago. Over the same period, social media use has greatly increased. Many people blame social media for this fall in happiness, but does t...Read more...

Blog

The best is yet to come (podcast):

How to live a happy life

What are the economics of happiness? How is happiness measured? Are we failing the next generation by not ensuring their wellbeing? John Tusa speaks to Lord Richard Layard about a lifetime dedicated to the research of s...Read more...

Blog

LSE Business Review:

Helping employees find 'meaning' improves performance and narrows gender gaps

A common way to boost employee motivation is to provide monetary incentives linked to a firm's goals. Oriana Bandiera finds that a different approach to motivation, which encourages employees to reassess their roles thro...Read more...

Journal article

Nature Human Behaviour:

Why single-item measures of wellbeing are best

We argue that individual wellbeing is best captured by single self-reports of one's overall quality of life. This approach is direct, efficient, globally comparable and distinguishes wellbeing from what might explain it....Read more...

CEP report

Road to recovery: Self-employed on the mend?

The eighth LSE-CEP survey of the self-employed shows weekly hours of the self-employed are now seeing some signs of recovery, compared with the last data collection in June 2023. The positive increase in work hours is tr...Read more...

Journal article

The Journal of Economic Education:

Teaching happiness (economics) in your dismal-science courses

The authors of this article discuss ideas for incorporating the study of happiness and other measures of self-reported or subjective well-being (SWB) into undergraduate economics courses. They begin by motivating why eco...Read more...

CEP discussion paper

Does happiness spread within organizations? Evidence from a field experiment in Norway

We report the results from a large field experiment that tests if happiness spreads within an organizational setting, as predicted by the emotional contagion hypothesis. Although some studies have supported this hypothes...Read more...

Blog

Economics Observatory:

Does getting richer make people happier?

The relationship between economic growth and happiness is not as straightforward as it first appears. While higher income is associated with greater wellbeing, other factors like healthcare and friendship are important t...Read more...

CentrePiece article

The value of green spaces

Using wellbeing data to assess benefits for residents....Read more...

CentrePiece article

Putting a value on safety

What the pandemic reveals about the risks that people are willing to take at work....Read more...

CEP occasional paper

Structured wellbeing curriculum in schools

Some argue that school is a means to an end, and time spent in lessons may be unpleasant, but it helps these children in the future. The question is 'to what end'. Are school years something which have to be tolerated i...Read more...

Blog

LSE Inequalities:

Mobile internet access is exacerbating household wealth inequality in the Philippines

Mobile connectivity can have a positive economic impact on jobs and incomes. But how does it shape household wealth inequality? Zhiwu Wei, Neil Lee and Yohan Iddawela investigate. The Philippines serves as the ideal case...Read more...

CEP policy analysis

How do you measure a child's wellbeing? (policy brief)

A central question for policy evaluation in the UK is how to measure wellbeing. To address this, wellbeing years (WELLBYs) were developed at the London School of Economics to assign social and economic value to changes i...Read more...

Blog

LSE Business Review:

People value workplace safety more than traditionally believed

Some workplaces are inherently more dangerous than others, but during the pandemic almost all workplaces became risky. Massimo Anelli and Felix Koenig investigated whether workers during COVID chose to forgo earnings to ...Read more...

CEP occasional paper

The full returns to higher education in the UK

University education is known to generate significant earnings returns, but its full value may be understated without considering its wider effects on individual wellbeing. This paper estimates the complete lifetime retu...Read more...

Blog

LSE Europp:

What is the value of a park?

Parks can be much-loved oases within a city, but quite how important they are when compared to other amenities is tricky to measure. Christian Krekel shows how wellbeing data can be used to put a monetary figure on the v...Read more...

Blog

LSE Inequalities:

The Easterlin Paradox revisited: New insights into money and happiness

Fifty years ago, Richard Easterlin asked a fundamental question: does getting richer make us happier? His work gave rise to the Easterlin paradox: while wealthier individuals tend to be happier than poorer people, as cou...Read more...

CentrePiece article

Investing in mental health: the economic benefits of NHS talking therapies

What are the effects of psychological therapies on patients? employment and earnings? In the first analysis of this question using nationally representative data, Klaudia Rzepnicka, Emma Sharland, Marta Rossa, Ted Dolby,...Read more...

External report

The 2025 UK Wellbeing Report

Nearly 7 million UK people - around 13% of the population aged 16 and above - are estimated to be living below the Happiness Poverty Line. The World Wellbeing Movement defines the Happiness Poverty Line as those who rat...Read more...

CEP occasional paper

Mapping Functions for Wellbeing Measures to Generate WELLBYs for Use in Economic Evaluation

Ideally, outcome measurements for interventions that affect wellbeing would report the standard, ONS recommended, life satisfaction question. Responses to this question directly correspond to WELLBYs, which can be moneti...Read more...

CEP discussion paper

The value of a park in crises: quantifying the health and wellbeing benefits of green spaces using exogenous variations in use values

Most people consider parks important for their quality of life, yet systematic causal evidence is missing. We exploit exogenous variations in their use values to estimate causal effects. Using a representative household ...Read more...

Blog

LSE Business Review:

NHS talking therapies bring long-term economic returns to England

Mental health treatment improves workers' employability and increases their earnings. Klaudia Rzepnicka, Emma Sharland, Marta Rossa, Ted Dolby, Ekaterina Oparina, Rob Saunders, Daniel Ayoubkhani and Vahe Nafilyan conduct...Read more...

CEP occasional paper

The C-WELLBY: Towards a Universal Measure of Children's Wellbeing for Policy Analysis

There is a pressing need for a universal measure of children's wellbeing, parallel to the WELLBY, for use in cost-benefit analysis. Currently, there is no consensus on how to value the wellbeing of children, raising conc...Read more...

CEP discussion paper

Teaching happiness (economics) in your dismal-science courses

This paper discusses ideas for incorporating the study of happiness and other measures of self-reported or subjective well-being (SWB) into undergraduate economics courses. We begin by motivating why students of economic...Read more...

Blog

The Conversation:

Why sharing meals can make people happier - what evidence from 142 countries shows

The importance of sharing meals is recognised across cultures, from the Jewish Shabbat meal to the fast-breaking Iftar meals during Ramadan. The known link between food and social relationships is ancient. The English wo...Read more...

External report

World Happiness Report 2025

In this year's issue, we focus on the impact of caring and sharing on people's happiness. Like 'mercy' in Shakespeare's Merchant of Venice, caring is "twice-blessed" - it blesses those who give and those who receive. In ...Read more...

Journal article

Science Advances :

Two paradoxes in women?s well-being

We review the literature on the gender gap in well-being, identifying two key paradoxes. First, although women today report higher levels of life satisfaction and overall happiness than men, they experience worse outcome...Read more...

Book

Why Workplace Wellbeing Matters

The definitive account of workplace wellbeing and its key drivers, offering a fresh data-driven perspective on the connections between happiness, productivity, and organizational success. Published by Harvard Busines...Read more...

Blog

Lives well lived:

Richard Layard: the science of wellbeing (podcast)

Richard Layard is a British Labour Economist, a member of the House of Lords, and co-editor of the World Happiness Report. Layard highlights the role of life satisfaction and wellbeing in government policy, and the impo...Read more...

CEP discussion paper

Is it possible to raise national happiness?

We revisit the famous Easterlin paradox by considering that life evaluation scales refer to a changing context, hence they are regularly reinterpreted. We propose a simple model of rescaling based on both retrospective a...Read more...

Journal article

Scientific Reports:

Machine learning in the prediction of human wellbeing

Subjective wellbeing data are increasingly used across the social sciences. Yet, despite the widespread use of such data, the predictive power of approaches commonly used to model wellbeing is only limited. In response, ...Read more...

CEP occasional paper

The high price of doing nothing: evaluating an expansion of employment support for health-related inactivity

Employment support for those with mild-to-moderate health conditions is estimated to deliver large benefits to the individual and government finances, paying for itself within 5 years. This suggests enabling inactive ind...Read more...

Blog

Investment Uncut:

Happiness economics with Professor Lord Richard Layard (podcast)

Are you happy? Do you think you're happier than you were 20 years ago? Or, put a different way, why aren't you happier despite living in one of the wealthiest periods in history? Three simple questions, but all of them ...Read more...

Journal article

Review of Income and Wealth:

Insecurity on the labor market

There is a common feeling that life has become more insecure over time. I here consider this proposition with respect to the labor market. I first discuss how labor-market insecurity might be measured, and then its poten...Read more...

Journal article

The Review of Economics and Statistics:

Happy to help: welfare effects of a nationwide volunteering programme

We study the wellbeing returns from volunteering in England's National Health Service (NHS) Volunteer Responders, set up in response to Covid-19. Using linked survey and administrative data, we exploit the oversubscripti...Read more...

CEP discussion paper

The Easterlin paradox at 50

We use Gallup World Poll data from over 150 countries from 2009-2019 at both the individual and country levels to revisit the relationship between income and subjective wellbeing. Our inspiration is the paradox first pro...Read more...

External report

The goal of well-being and the United Nations Summit of the Future

How can we get the different sectors of society to collaborate to overcome the challenges we face? The answer has to be "Get them to address a common goal"....Read more...

Journal article

World Development:

Take the highway? Paved roads and well-being in Africa

Public Goods aim to improve individual welfare. We investigate the causal consequences of roads on well-being in 24 African countries, instrumenting paved roads by 19th Century hypothetical lines between major ports and ...Read more...

Blog

LSE Politics and Policy:

Investing in mental health is both a moral and an economic imperative

Mental illness is a leading cause of absenteeism and a driver of long-term sickness, which poses a significant economic cost due to economic inactivity. It accounts for half of all morbidity (the rate of disease in a pop...Read more...

CentrePiece article

Spending public money to create happier lives

Choosing policies that most improve wellbeing would radically change government priorities. David Frayman, Christian Krekel, Richard Layard, Sara MacLennan and Isaac Parkes explain the science behind the new approach....Read more...

Blog

The Rest is Money:

The economics of happiness (podcast)

Robert and Steph are joined by Lord Richard Layard, a 90 year old economist who has dedicated his life to researching and encouraging politicians to consider the happiness of their populations when taking decisions. Th...Read more...

Blog

LSE Business Review:

Workers in finance from lower socio-economic backgrounds don't have equal voice

Employee voice refers to the informal and voluntary sharing of ideas, suggestions, concerns or opinions about work-related matters, with the goal of driving improvement or change. When voice is suppressed or marginalised...Read more...

Blog

LSE Business Review:

Economic growth requires breaking the cycle of poor work and ill health

Work is an important part of our lives and crucial to wellbeing. But "good" work that offers security and autonomy is unevenly distributed. Workers in lower-paid jobs often find themselves trapped in "bad" jobs, characte...Read more...

Blog

IMF Finance and Development magazine:

A fivefold increase in remote work since the pandemic could boost economic growth and bring wider benefits

Economics is famous for being the dismal science. Sadly, recent work highlighting the slowdown in productivity growth stretching back to the 1950s is no exception. But here Nicholas Bloom takes a more cheerful view becau...Read more...

CEP report

Value for money: How to improve wellbeing and reduce misery

The government spends billions on our behalf. How do we want this money to be spent? This report reviews a range of policies and asks the fundamental question which should be asked of every policy: Does it deliver value ...Read more...

Chapter

World Happiness Report: origins, purpose, contents, impact and future

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

Read more...

Chapter

Money and happiness

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

Many people believe that earning more money would bring more happiness into their lives. However, despite massive improvements in material living conditions in most Western countries, average population happiness has sta...Read more...

Chapter

Individual wellbeing and cortisol

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

The variety and the number of ways of measuring individual wellbeing has increased over the past two decades. In addition to all self-reported measures, researchers also consider a wide variety of objectively-measured in...Read more...

Journal article

Encyclopaedia of Happiness, Quality of Life and Subjective Wellbeing:

Money and happiness

Many people believe that earning more money would bring more happiness into their lives. However, despite massive improvements in material living conditions in most Western countries, average population happiness has sta...Read more...

Journal article

Humanities and Social Sciences Communications:

The WELLBY: a new measure of social value and progress

We introduce the WELLBY, a new measure of social value and progress, which can contribute to the assessment of progress towards the wellbeing of the economy and steer towards activities with the most wellbeing per financ...Read more...

CEP election analysis

Wellbeing

Wellbeing should be the overarching aim of government. Assessing policies by showing the wellbeing benefit relative to cost would mean mental health becoming a top priority for policy development....Read more...

Blog

LSE Business Review:

How our mistakes are judged can have lasting career impacts

Taking ownership of mistakes is daunting, particularly if your ego is easily bruised or your professional reputation is on the line. However, acknowledging your mistakes will lead to more innovative problem-solving and d...Read more...

Journal article

Child Indicators Research:

Economic development and adolescent wellbeing in 139 countries

There is a positive association between the level of economic development and national levels of overall life satisfaction (OLS) in the adult population, with decreasing marginal returns. However, research shows no assoc...Read more...

Blog

LSE Business Review:

An "army of people" investigating how to make work and life more enjoyable

Wellbeing science can help revolutionise government, work, school and life. Schools shouldn't train people only for work, and work should be enjoyable. People are now studying how to make this happen, because the well-be...Read more...

Blog

LSE Business Review:

The increasing complexity of digitalisation may hurt manual workers' health

Some of the effects of workplace digitalisation are well studied, such as changes in workers' wages and increased economic inequality. But how does technological progress affect workers' health? Melanie Arntz, Sebastian ...Read more...

Blog

LSE British Politics and Policy:

Higher workload for police officers correlates with victims withdrawing statements

In the UK, partners or family members are responsible for nearly half of all female homicides. But there is an increasing rate of statement withdrawal from victims in high-risk domestic abuse cases. Tom Kirchmaier and Ek...Read more...

Blog

LSE Inequalities:

The spiralling costs of higher education are hitting stay at home students harder

Since the pandemic, a new divide has emerged in higher education between commuter students, on the one hand, and on-campus students, on the other. Reporting on the findings of a new student money and wellbeing survey, Le...Read more...

Journal article

Economica:

Do wages underestimate the inequality in workers' rewards? The joint distribution of job quality and wages across occupations

Information on both wages and job quality is needed in order to understand the occupational dispersion of wellbeing. We analyse subjective wellbeing in a large UK sample to construct a measure of `overall reward?, the su...Read more...

Blog

IZA World of Labor:

Mental health at scale

Common mental health problems, including depression and anxiety, significantly impact individuals and economies. In the UK, mental ill health constitutes the primary source of disability, while the economic costs of ment...Read more...

External report

World Happiness Report 2024

This issue of the World Happiness Report focuses on the happiness of people at different stages of life. In the seven ages of man in Shakespeare's As You Like It, the later stages of life are portrayed as deeply depressi...Read more...

Blog

The We Society (podcast):

Should governments care about wellbeing?

Professor Lord Richard Layard is one of the first economists to look at happiness as a metric that Governments worldwide should strive to improve in their population. He was the founder-director of LSE's Centre for Econ...Read more...

CEP discussion paper

Talking therapy: Impacts of a nationwide mental health service in England

Mental health problems impose significant costs, yet healthcare systems of-ten overlook them. We provide the first causal evidence on the effectiveness of a nationwide-scaled mental health service in England for treating...Read more...

CentrePiece article

How much is your time worth?

Wages indicate how much people want for their time at work, but how can we find out what value they place on time spent doing other things? Christian Krekel and George MacKerron analyse over two million responses to a sm...Read more...

Blog

Vox EU:

Sleeping our way to being productive

Sleep is key to our physical and mental health. It also affects people's employment and productivity. Joan Costa-i-Font, Sarah Fleche and Ricardo Pagan explore how the amount of weekly sleep influences employment, produc...Read more...

Blog

LSE Business Review:

Generational diversity is on the rise, and those embracing it are gaining a competitive edge

Major firms are experiencing a widening gap between their youngest and oldest employees. Daniel Jolles and Grace Lordan write that frictions which undermine the potential productivity benefits of generational diversity a...Read more...

CEP Insights

Insights: condensed

The Insights series is an introduction to the work of the Centre for Economic Performance (CEP). Each Insight highlights the contribution of CEP researchers to both academic understanding and policymaking in one area of ...Read more...

Blog

LSE Business Review:

Why women say hybrid working enhances productivity, while men don't

There is a complex interplay between gender, remote work and productivity. Nikita, Anna Lane, Grace Lordan and Paul Middleton conducted a survey of more than 1000 employees in financial and professional services in the U...Read more...

Blog

LSE British Politics and Policy:

Why household income doesn't tell the full story on individual wellbeing

The literature on inequality often focuses on household income, but this measure has several limitations for assessing individual wellbeing. Tim Obermeier develops a new collective household model which simultaneously ac...Read more...

Chapter

Happiness and spatial inequality: past, present and future

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

This comprehensive Encyclopedia delves into the underpinnings, approaches, and recent advancements in the dynamic global landscape of happiness and wellbeing research. Laying out the foundational concepts and disciplinar...Read more...

Blog

LSE Business Review:

The three biggest workplace anxieties of 2023

What can leaders do to calm workplace anxieties and get the best out of their teams in 2024? Jazzy Jasiulek, Daniel Jolles, Nikita, and Grace Lordan asked over 1,400 professionals about their top anxieties and share how ...Read more...

Blog

LSE Research for the World:

Using peoples' feelings of happiness to make better policy decisions

How we spend our time directly impacts how satisfied we are with our lives, and understanding the activities that bolster our wellbeing - and those that don't - can help policymakers make better decisions when allocating...Read more...

Blog

LSE Business Review:

To improve performance and inclusion, firms must break silos between teams

Investment in diversity, equity and inclusion is critical to business performance and ability to compete, but the lack of meaningful change remains a barrier to progress. An often-overlooked pathway to change is to work ...Read more...

Blog

LSE Impact:

Get Happier - podcasting made simple

Discussing the launch of his new podcast series 'Get Happier', Paul Dolan argues for the underrated power of checklists and mnemonics and shows how they can be applied through the medium of podcasting....Read more...

Blog

LSE EUROPP:

Interview with Neil Lee - "If we want to have innovative cities, they have to deliver for everyone"

In an interview with LSE Cities, Neil Lee discusses what's driving anti-metropolitan politics in Europe and how a more inclusive innovation economy could help address it....Read more...

Blog

Economics Observatory:

How have minorities been treated by the UK's judicial system?

Disparate treatment of minorities by the judicial system is not a construct of modern institutions. Irish defendants and victims faced harsher treatment and outcomes at London's Old Bailey in the 19th century. Lessons fr...Read more...

CentrePiece article

Will the NHS long-term workforce plan solve the current crisis?

Proposals to solve staffing shortages in the NHS focus on training more staff and retaining those already working in surgeries, clinics and hospitals. But Giuseppe Moscelli, Jo Blanden, Marco Mello and Melisa Sayli say t...Read more...

CEP discussion paper

Do wind turbines have adverse health impacts

While wind power is considered key in the transition towards net zero, there are concerns about adverse health impacts on nearby residents. Based on precise geographical coordinates, we link a representative longitudinal...Read more...

Blog

LSE Business Review:

Why people quiet quit

There has been a surge in interest in quiet quitting, when employees put in only the minimum effort needed to keep their jobs, not showing interest in much more than that. Odessa Hamilton, Daniel Jolles and Grace Lordan ...Read more...

Blog

LSE Review of Books:

Book Review: Wellbeing: Science and Policy by Richard Layard and Jan-Emmanuel De Neve

In Wellbeing: Science and Policy, Richard Layard and Jan-Emmanuel De Neve present an enquiry into human wellbeing: what factors create it, how can it be effectively measured and how can it be improved? The authors' rich ...Read more...

Blog

LSE Business Review:

Don't let present bias keep you from getting ready for AI

Despite the quick pace of changes AI is producing in the workplace, many leaders are still not considering how things might soon be done very differently. 'Present bias' keeps them from leveraging new technologies to mak...Read more...

Blog

LSE Business Review:

Should we call time on presenteeism?

Many companies have adopted a "remote first" approach for their workforce, but a growing number of firms are now demanding that employees work from the office most of the time. Jasmine Virhia and Grace Lordan warn firms ...Read more...

Blog

LSE Business Review:

How much is your time worth?

Christian Krekel and George MacKerron analyse more than two million data points from a smartphone app that randomly asks people how they feel at any particular moment and what they are currently doing, to provide estimat...Read more...

Blog

LSE Business Review:

Why leaders must keep their ego in check

The ego, if left unchecked, can pose big problems in the workplace. Nikita and Grace Lordan list five of these problems and discuss how a leader can take steps to mitigate them....Read more...

CEP discussion paper

Are the upwardly mobile more left-wing?

It is well-known that the wealthier are more likely to have Right-leaning political preferences. We here in addition consider the role of the individual's starting position, and in particular their upward social mobility...Read more...

Blog

What Works Centre for Wellbeing:

Using people's feelings to value time

This short summary introduces the main idea in Christian Krekel and George MacKerron's paper proposing an alternative method to estimate the value of time (VOT): experiential valuation based on experience-sampling....Read more...

Blog

The Conversation:

Inflation may be coming down but its unequal effects can still have a big impact on wellbeing

Inflation is coming down across developed economies, although not as much as governments and central banks would like. Price hikes hurt everyone, but research into inflation inequality shows the effects are more pronounc...Read more...