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Article
Publication date: 2 May 2023

Julia Wdowin

The aim is to contribute to the personalist economics research agenda by exploring how personalist thought can theoretically inform the question of well-being and its measurement.

Abstract

Purpose

The aim is to contribute to the personalist economics research agenda by exploring how personalist thought can theoretically inform the question of well-being and its measurement.

Design/methodology/approach

The paper draws on the work of personalist philosopher Emmanuel Mounier. After reviewing relevant aspects of Mounier's political economic thought, the second section considers the conceptual implications for a personalist well-being measure and analyses its key tenets: integrality; heterogeneity; objectivity vs. subjectivity; and autonomy and freedom. The third section consists of a dialogue between Mounier's personalist philosophy and some aspects of Sen's capability approach applied to the issue of well-being measurement, which echoes and parallels some fundamental dimensions of personalist thought.

Findings

Firstly, the conceptual analysis offers preliminary avenues for moving towards measuring well-being using an agent model that aligns more closely with the model of the economic agent as person, as is articulated by personalists and incorporating personalist principles. Secondly, the brief analysis of ways in which aspects of Sen's capability theory dialogue with personalist economic principles demonstrate the potential for personalist principles to be incorporated into welfare assessment theory.

Originality/value

Personalist economics strives to re-think the foundations of economic theory by introducing the acting person as the economic agent, as opposed to the individual. Dissatisfaction with a range of mainstream economic well-being indicators suggests that there is a deficit in the normative and ontological assumptions that underlie conventional welfare economic models.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-02-2023-0084.

Details

International Journal of Social Economics, vol. 50 no. 10
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 December 2020

Rishikesan Parthiban, Saravana Jaikumar, Jayanta Basak and Somprakash Bandyopadhyay

The authors study the effect of access to smartphones on the socio-economic well-being in the case of rural base of the pyramid (BoP) women. While smartphone access may have its…

Abstract

Purpose

The authors study the effect of access to smartphones on the socio-economic well-being in the case of rural base of the pyramid (BoP) women. While smartphone access may have its benefits, the paper suggests augmenting access with a sociotechnical intermediary (STI) that facilitates training and online community building to enhance the well-being outcomes.

Design/methodology/approach

The authors conducted a survey from three groups of women from rural West Bengal (India) – (1) who do not own smartphones, (2) who have their own smartphones and (3) who receive smartphones and STI support (over two years). The authors evaluate the effect of access to smartphones and STI support on social well-being (including structural social capital and empowerment) and economic well-being (including entrepreneurial intent and subjective economic well-being).

Findings

The analysis results suggest a high relationship between smartphone ownership and higher structural social capital, empowerment (in terms of freedom of movement) and entrepreneurial intent. The authors further find these effects to be enhanced amongst women who received smartphones and support from STI.

Originality/value

The authors attribute this enhanced well-being amongst women with smartphones and STI support to peer-learning and cultivation of virtual role models facilitated by the STI through creation of intra-community online groups. The results have significant policy implications for socio-economic well-being of rural BoP women.

Details

Information Technology & People, vol. 35 no. 1
Type: Research Article
ISSN: 0959-3845

Keywords

Article
Publication date: 25 September 2019

Daria Salnikova

The purpose of this paper is to analyze the relationship between social capital and subjective ranking of household economic well-being in transition countries. The current study…

Abstract

Purpose

The purpose of this paper is to analyze the relationship between social capital and subjective ranking of household economic well-being in transition countries. The current study tests whether the performance of formal institutions moderates this link.

Design/methodology/approach

The analyses are based on the data from the second wave of the Life in Transition Survey. The measures “generosity of welfare policy (social safety nets)” and “ability of formal institutions to control inflation” were provided by the Bertelsmann Transformation Index Project. The study uses four measures of social capital: trust in family, trust in friends and acquaintances, trust in most people and the number of support sources. To test the hypotheses, the study employs mixed-effects regression models.

Findings

The study indicates a significant positive effect of social capital on subjective household well-being. Formal institutions do not have a significant effect on subjective ranking of household well-being. The evidence on institutions as moderators rejects the substitution effect between formal institutions and social capital. Higher generosity of welfare policy institutions and higher ability of formal institutions to control inflation strengthen the positive effect of particular trust (trust in family and trust in friends and acquaintances) on subjective ranking on the ladder of social standing (subjective ranking of household well-being), which is in line with the “crowding in” theory.

Originality/value

The paper adds on the limited research on transition countries. The paper contributes to the discussion on “crowding in” and “crowding out” effects of formal institutions on social capital.

Details

International Journal of Sociology and Social Policy, vol. 39 no. 9/10
Type: Research Article
ISSN: 0144-333X

Keywords

Article
Publication date: 3 March 2023

Demet Beton Kalmaz

Female labour force participation (FLFP) is undeniably critical for both developing and developed countries. This study aims to investigate the impact of economic risk on FLFP…

Abstract

Purpose

Female labour force participation (FLFP) is undeniably critical for both developing and developed countries. This study aims to investigate the impact of economic risk on FLFP, controlling economic well-being, fertility rate and education, considering the asymmetric relationship among the indicators in Turkey.

Design/methodology/approach

Time series data covering years from 1988Q1 to 2019Q4 is deployed for the empirical analysis to identify the long-run asymmetric link. Empirical analysis of the study starts with the employment of the Augmented Dickey-Fuller unit root test with the breakpoint to test for the order of integration of time series and to capture the breakpoints. The Brock-Dechert-Scheibkman test is applied to determine if or not the econometric model is correctly identified. Nonlinear autoregressive distributed lag (NARDL) bounds test is used to examine the existence of an asymmetric link between FLFP and economic well-being. The empirical analysis follows the investigation of the determinants of FLFP through the employment of the NARDL model.

Findings

The existence of long-run link among the time series is confirmed through the results obtained from the NARDL bounds test. Furthermore, long-run NARDL estimations confirm that (i) positive shocks in economic well-being increases FLFP; (ii) positive shock in education negatively impacts FLFP; (iii) FLFP is negatively affected by economic risk; and (iv) finally, increased fertility rate increases FLFP in Turkey.

Originality/value

This paper is checked from turnitin for the plagiarism which is estimated to be less than 20%. It is an original paper that fills the gap in literature and provides meaningful insight both for the policymakers and academics.

Details

International Journal of Development Issues, vol. 22 no. 2
Type: Research Article
ISSN: 1446-8956

Keywords

Article
Publication date: 1 April 2004

Morris Altman and Louise Lamontagne

An important hypothesis put forth by Amartya Sen is that a given level of per capita real income in a population can generate quite different levels of socio‐economic well‐being

1664

Abstract

An important hypothesis put forth by Amartya Sen is that a given level of per capita real income in a population can generate quite different levels of socio‐economic well‐being depending on the economic infrastructure of that population and the distribution of income. Sen's hypothesis is refined in this paper to reflect the manner in which income is spent and labor is allocated and utilized within a household specific to particular groups within society and how this impacts upon both the level of well‐being and economic efficiency. The evidence on living conditions and mortality presented here from early twentieth century New York City, underlies the potential significance of the household economy as a key determinant of economic well‐being. Focusing simply on per capita income estimates, even corrected for the distribution of income, misses fundamentally important determinants of human capabilities and economic well‐being with potentially important implications for public policy.

Details

International Journal of Social Economics, vol. 31 no. 4
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 13 March 2017

Seung-Min Park

The purpose of this paper is to analyse the effect of the National Pension Scheme (NPS) on the economic well-being of older people in South Korea.

Abstract

Purpose

The purpose of this paper is to analyse the effect of the National Pension Scheme (NPS) on the economic well-being of older people in South Korea.

Design/methodology/approach

It analyses older people aged 60 and over sampled from the third wave of the Korean retirement and income study.

Findings

The analysis shows a gendered effect. The NPS is positively associated with the economic well-being of only older men. This gendered impact is probably attributable to the inherent patriarchal structure of the NPS that is based on the strong male bread-winner model.

Originality/value

The results suggest that promoting the female labour market participation, and also reforming the gender structure of the NPS and South Korean labour market, can be a potential policy option to amend gendered economic well-being in later life.

Details

Quality in Ageing and Older Adults, vol. 18 no. 1
Type: Research Article
ISSN: 1471-7794

Keywords

Book part
Publication date: 2 October 2012

Mindy K. Shoss and Tahira M. Probst

Employees today face a number of threats to their work and financial well-being (i.e., economic stress). In an aim to provide an agenda and theoretical framework for research on…

Abstract

Employees today face a number of threats to their work and financial well-being (i.e., economic stress). In an aim to provide an agenda and theoretical framework for research on multilevel outcomes of economic stress, the current chapter considers how employees’ economic stress gives rise to emergent outcomes and how these emergent outcomes feed back to influence well-being. Specifically, we draw from Conservation of Resources theory to integrate competing theoretical perspectives with regard to employees’ behavioral responses to economic stress. As employees’ behaviors influence those with whom they interact, we propose that behavioral responses to economic stress have implications for group-level well-being (e.g., interpersonal climate, cohesion) and group-level economic stress. In turn, group-level and individual-level behavioral outcomes influence well-being and economic stress in a multilevel resource loss cycle. We discuss potential opportunities and challenges associated with testing this model as well as how it could be used to examine higher-level emergent effects (e.g., at the organizational level).

Details

The Role of the Economic Crisis on Occupational Stress and Well Being
Type: Book
ISBN: 978-1-78190-005-5

Keywords

Book part
Publication date: 14 December 2023

You-De Dai, Giun-Ting Yeh, Tsungpo Tsai, Yi-Chun Chen and Yuan-Chiu Chen

This study develops a structural model to examine the relationships among subjective perception of health, subjective perception of economic and social support, the perceived…

Abstract

This study develops a structural model to examine the relationships among subjective perception of health, subjective perception of economic and social support, the perceived freedom in leisure, leisure satisfaction, and the well-being of elders. The subject of this study is the elderly who participated in leisure activities at Evergreen Academy in Kaohsiung City. Convenience sampling and quota sampling are adopted. 1,200 self-administered questionnaires are distributed, and 535 are valid, with a response rate of 45%. The results of this study show that subjective perception of health will positively affect perceived freedom in leisure; subjective perception of economics will positively affect perceived freedom in leisure and well-being; social support will positively affect perceived freedom in leisure, leisure satisfaction, and well-being; perceived freedom in leisure will positively affect leisure satisfaction and well-being; leisure satisfaction will positively affect well-being. There are significant differences in the subjective perception of economic and social support between male and female elders. There are significant differences in the subjective perception of economic, leisure satisfaction, and well-being among those with different education levels.

Article
Publication date: 21 October 2020

Alex Anlesinya, Kwesi Amponsah-Tawiah, Philip Kofi Adom, Obi Berko Obeng Damoah and Kwasi Dartey-Baah

There is a paucity of research on the causal relationships between talent management (TM), decent work and national well-being. Hence, this study examines the nexus between macro…

Abstract

Purpose

There is a paucity of research on the causal relationships between talent management (TM), decent work and national well-being. Hence, this study examines the nexus between macro talent management (MTM) practices, decent work and national well-being.

Design/methodology/approach

The authors employed longitudinal data from 77 developing countries across the globe and also utilised panel data estimators and the bootstrapping mediation method for the analyses.

Findings

The results indicated that macro-level TM strategies can have a positive impact on decent work. Decent work also significantly improves national well-being (both subjective and economic well-being) over time as it shows a significant positive impact on change in national well-being measures. Furthermore, decent work serves as a mechanism that links MTM to improved national well-being at the macro level.

Practical implications

TM investments by governments can empower citizens to escape the tragedy of vulnerable and low-quality employment and well-being deficit as it has the potential to improve decent work and national well-being as enshrined in the Sustainable Development Goals (SDGs).

Originality/value

Beyond the myopic organisational and managerialist view, the authors show that TM can have a positive spillover impact on people and the general society across time by enhancing decent work opportunities to improve both subjective and economic well-being of citizens in a country. Additionally, because decent work has psychosocial and economic dimensions, this study has revealed a complex and compelling conduit for translating the gains of macro-level TM strategies to improve national well-being. Moreover, it provides original empirical evidence to expand the limited longitudinal TM literature. Lastly, it adds to knowledge in the developing countries' context.

Details

International Journal of Manpower, vol. 42 no. 5
Type: Research Article
ISSN: 0143-7720

Keywords

Open Access
Article
Publication date: 9 December 2019

Cristiane Aparecida da Silva, Edicreia Andrade dos Santos, Stefania Maria Maier and Fabricia Silva da Rosa

The purpose of this paper is to analyze the urban resilience capacity and its relations with the economic, social and environmental well-being in smart cities in the state of São…

3426

Abstract

Purpose

The purpose of this paper is to analyze the urban resilience capacity and its relations with the economic, social and environmental well-being in smart cities in the state of São Paulo (SP), particularly after the 2008 financial crisis.

Design/methodology/approach

Concerning its objectives, this study is characterized as descriptive. From the point of view of technical procedures, the research is bibliographic, and regarding data collection, it is documental. The approach of this research is quantitative, since it uses the statistical method. The sample was made up by 62 smart cities located in SP. The analysis comprised the period from 2010 to 2015.

Findings

The urban resilience pillars influence the economic well-being represented by the gross national product, in 58.8 percent, social well-being represented by the life expectancy of the residents of the smart cities, in 71.7 percent, and in environmental well-being indicated by CO2 emissions, in 21.5 percent.

Research limitations/implications

They are related to the researchers’ decision about the methodological design.

Practical implications

This study was limited to smart cities in SP listed in the RBCIH (Brazilian Network of Human Smart Cities), and may be extended to other cities in other Brazilian states.

Social implications

How resilience dimensions related to economic, social and environmental well-being such as poverty, food security, health, well-being, education quality, climate changes, and the like, were measured, which can be investigated in future research studies.

Originality/value

Despite its growing popularity worldwide, the urban resilience pillars and their relationship with human well-being in smart cities in the national context are little investigated, making this research original.

Details

Revista de Gestão, vol. 27 no. 1
Type: Research Article
ISSN: 2177-8736

Keywords

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