TY  - RPRT
        AU  - Graham, Carol Lee
AU  - Nikolova, Milena
        TI  - Bentham or Aristotle in the Development Process? An Empirical Investigation of Capabilities and Subjective Well-being
        PY  - 2014/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8722
        UR  - https://www.iza.org/index.php/publications/dp8722
        AB  - Life evaluations and emotional states are distinct subjective well-being (SWB) components. We explore the relationship between opportunities and SWB dimensions, distinguishing between actual capabilities and means (education, employment, and income) and perceived opportunities (autonomy and health perceptions and belief in hard work). We find a link between capabilities and SWB (particularly, life evaluations), which varies across world regions. Capabilities can also be associated with stress and anger and seem to matter the least for the happiest respondents. We also explore the determinants of the least studied well-being dimension: eudaimonia, or life purpose, which is an underlying objective of the development process.
        KW  - freedoms
KW  - well-being
KW  - variance decompositions
KW  - capabilities
        ER  -