Tuesday, September 18, 2007

The Health and Happiness of Nations

David Blanchflower and Andrew Oswald, two researchers at NBER, found that happiness of nations, regardless of the number of physicians or a particular choice of survey used, is associated with lower levels of hypertension. The study adds yet another interesting, yet surely to be controversial, argument for continuing to expand the field of behavioral economics to better understand economic and consequently political individual behavior. Their article is available on the NBER site, and here is the abstract:

A modern statistical literature argues that countries such as Denmark are particularly happy while nations like East Germany are not. Are such claims credible? The paper explores this by building on two ideas. The first is that psychological well-being and high blood-pressure are thought by clinicians to be inversely correlated. The second is that blood-pressure problems can be reported more objectively than mental well-being. Using data on 16 countries, the paper finds that happier nations report lower levels of hypertension. The paper's results are consistent with, and seem to offer a step towards the validation of, cross-national estimates of well-being.

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