Part of the six-volume Wellbeing: A Complete Reference Guide, this is a comprehensive look at the economics of wellbeing with coverage of history, research, policy, and practice. Examines the challenges inherent in studying and measuring wellbeing from an economic perspective Discusses strategies and interventions to improve wellbeing across the lifespan and in different settings Addresses the potential economic benefits for governments and policymakers of actively investing in initiatives to improve wellbeing, from the workplace to the home to the natural environment Emphasizes the need to strengthen the evidence base for the economics of wellbeing and improve methods for translating research into policy and practice

Part of the six-volume Wellbeing: A Complete ReferenceGuide, this is a comprehensive look at the economics ofwellbeing with coverage of history, research, policy, andpractice.* Examines the challenges inherent in studying and measuringwellbeing from an economic perspective* Discusses strategies and interventions to improve wellbeingacross the lifespan and in different settings* Addresses the potential economic benefits for governments andpolicymakers of actively investing in initiatives to improvewellbeing, from the workplace to the home to the naturalenvironment* Emphasizes the need to strengthen the evidence base for theeconomics of wellbeing and improve methods for translating researchinto policy and practice

About the Editors viiContributors ixFull Contents of Wellbeing: A Complete Reference Guide xiIntroduction to Wellbeing: A Complete Reference Guide xxv1 Introduction 1David McDaid and Cary L. CooperPart 1 Perspectives on the Economics of Wellbeing 112 A Short History of Wellbeing Research 13Laura Stoll3 Income and Wellbeing: A Selective Review 33Brendan Kennelly4 Does Money Buy Me Love? Testing Alternative Measures of National Wellbeing 49Arthur Grimes, Les Oxley, and Nicholas Tarrant5 The Impact of the Great Recession on Economic Wellbeing: How Different Are OECD Nations and Why? 83Lars Osberg and Andrew Sharpe6 Was the Economic Crisis of 2008 Good for Icelanders? Impact on Health Behaviours 111Tinna Laufey Ásgeirsdóttir, Hope Corman, Kelly Noonan, Dórhildur Ólafsdóttir, and Nancy E. Reichman7 Mental Health: A New Frontier for Labor Economics 157Contents of this Volume Richard LayardPart 2 Promoting Wellbeing: The Economic Case for Action 1798 Investing in the Wellbeing of Young People: Making the Economic Case 181David McDaid, A-La Park, Candice Currie, and Cara Zanotti9 Investing in Wellbeing in the Workplace: More Than Just a Business Case 215David McDaid and A-La Park10 Promoting the Health and Wellbeing of Older People: Making an Economic Case 239A-La Park, David McDaid, Anna K. Forsman, and Kristian Wahlbeck11 Promoting and Protecting Mental Wellbeing during Times of Economic Change 261David McDaid and Kristian Wahlbeck12 Making Use of Evidence from Wellbeing Research in Policy and Practice 285David McDaidIndex 299