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Measuring the Subjective Well-Being of NationsNational Accounts of Time Use and Well-Being$
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Alan B. Krueger

Print publication date: 2009

Print ISBN-13: 9780226454566

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226454573.001.0001

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(p.243) 9 Rejoinder
Measuring the Subjective Well-Being of Nations
Alan B. Krueger, Daniel Kahneman, David Schkade, Norbert Schwarz, Arthur A. Stone
University of Chicago Press

This chapter explains several valid points about the strengths and weaknesses of the proposed method for National Time Accounting (NTA), particularly regarding the idea of measuring subjective well-being by the fraction of time people spend in an unpleasant emotional state. The assumptions underlying the proposal for NTA seem to strike a reasonable balance between measurement requirements and practicality. The U-index and related indicators can provide a useful indicator of situations that are associated with unpleasant emotional experiences and of groups that are more likely to endure emotionally unpleasant experiences. It is hoped that NTA can provide a means for tracking whether societies are spending their time in more or less enjoyable ways, which can be an input along with others to derive a picture of the progress of society.

Keywords:   National Time Accounting, NTA, subjective well-being, U-index, emotional experiences, emotional state, practicality

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