Does happiness play any role in the development process of a country?

Nowadays, economics of happiness is a very popular field of economics. This field, according to Stutzer & Frey, uses empirical research to measure the individuals´ well-being. And this measurement tries to capture different aspects of individuals well-being and different concepts of individual welfare. Besides, it identifies income, health, employment and social capital like the most … Continue reading Does happiness play any role in the development process of a country?