@techreport{NBERw11807, title = "Well-Being, Social Capital and Public Policy: What's New?", author = "John Helliwell", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "11807", year = "2005", month = "December", URL = "http://www.nber.org/papers/w11807", abstract = {This paper summarizes recent empirical research on the determinants of subjective well-being. Results from national and international samples suggest that measures of social capital, including especially the corollary measures of specific and general trust, have substantial effects on well-being beyond those flowing through economic channels. Cross-national samples (supported by parallel analysis of suicide data) show large well-being effects from social capital and from the quality of government. Finally, Canadian life-satisfaction data show that several non-financial job characteristics, and especially the climate of workplace trust, have very large income-equivalent effects.}, }