The role of happiness in economic policy | Kelsey J. O’Connor

Kelsey is an economist and a researcher of well-being at STATEC Research in Luxembourg. We discuss the economics of happiness, the importance of happiness research in policy-making, and the influence of social media on well-being. Kelsey describes his journey from the U.S. to Europe and the cultural differences in work ethics between Europe and America. You will learn about Luxembourg’s unique approach to statistical research and the dynamics of European statistical offices. We also explore big data’s role in economics, the impact of consumer price indexes on wages, and adjustments in national accounts.

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