Recent Developments in the Economics of Happiness: A Selective Overview What makes people happy in life? This is a crucial question that has the potential to shake up economics. In recent years, the dissatisfaction with the understanding of welfare in economics together with the new opportunities to empirically study people’s subjective wellbeing have spurred impressive and stimulating new rese...

We revisit the resource curse theory by providing empirical evidence for effects of natural rents on subjective well-being. Using a cross-sectional model based global sample 149 countries, we highlight that tend to reduce happiness but this effect differs according (i) political system and level development, (ii) types measures resources (iii) scale happiness. Specifically, negative tends be am...