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Economic Review, Vol. 69 No. 4, 2018.

Review article

HAPPINESS AND ECONOMIC ACTIVITY

Tina Ralašić
Željko Bogdan

Full text: croatian pdf 3.377 Kb

page 350-395

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Abstract

Traditional macroeconomic analysis uses few “objective indicators” as life quality indicators. Among them gross domestic product (GDP) is commonly used but recently some scientists disallow adequacy of GDP in observing of life quality and happiness of population. This paper reviews literature which investigates the relationship between happiness and economic activity. Additionally, few life quality indicators are also observed (including Croatian position). Also Hendal’s index of optimism (HIO) and National index of happiness (NIH) with their components are also observed which showed that Croatians does not belong to the happiest populations.

Keywords

GDP; life quality indicators; Easterlin paradox; Hendal’s index of optimism; National index of happiness

Hrčak ID:

205513

URI

https://hrcak.srce.hr/205513

Publication date:

11.9.2018.

Article data in other languages: croatian

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