Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being.

• Position: Bureau Books

Measuring the Subjective I/Veil-Being of Nations: National Accounts of Time Use and l/Veil-Being, edited by Alan B. Krueger, will be available from the University of Chicago Press in October for $75.00.

Economists and social scientists are increasingly interested in the study and effects of subjective well-being. Putting forward a new method for measuring, comparing, and analyzing the relationship between happiness and the way people spend their time--across countries, regions, and history--this book helps to set the agenda for future research. It introduces the system of National Time Accounting (NTA), which relies on individuals' own evaluations of their emotional experiences during various uses of time--this represents a distinct improvement in measuring well-being from such objective measures as...