This paper argues – in line with the proposals of the recent Stiglitz Commission on the Measurement of Economic Performance and Social Progress – that we should now be measuring a nation’s emotional prosperity rather than its economic prosperity (that is, we ought to focus on the level of mental well-being not the number of pounds in people’s bank accounts). The paper reviews recent ideas in this field. ...
Because it may affect a nation's fertility, child care policy is an important policy instrument for low-fertility countries. Designing an effective policy requires an understanding of the determinants of demand for child care. This study uses a descriptive statistical approach to analyze the dynamics of demand for child care for pre-school children in Germany. Age-specific and duration-specific ...