Analyzing household cost functions using direct wellbeing measures.

The study of GLO Fellow Arie Kapteyn (University of Southern California) published in 1994 in the Journal of Population Economics demonstrated that subjective wellbeing measures fully identify household cost functions.

Happy birthday and 77 thanks to a role model in the field of population economics.

Kapteyn, A. The measurement of household cost functions. Journal of Population Economics 7:4, 333–350 (1994). 
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Vol. 36, Issue 1, January 2023: Journal of Population Economics (JOPE) 16 articles.
Watch the videos of article presentations on December 1, 2022 during the GLO Global Conference 2022.

JOPE has CiteScore 6.5 (2021, LINK) & Impact Factor 4.7 (2021, LINK)