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About Arie Kapteyn

Arie Kapteyn is a Professor of Economics and the Executive Director of the Dornsife College of Letters Arts and Sciences Center for Economic and Social Research (CESR) at the University of Southern California.

Find out more about Arie's work.

Articles

Income Supplements Boost Health and Wellbeing of Elderly in Developing Countries

The fast pace of population aging presents serious challenges to governments in low- and middle-income countries (LMICs). These countries are essentially growing old before they grow rich, leading to a policy conundrum: how to provide financial and health security to the old without breaking the bank. (more…)

Who are the Joneses? Subjective Well-Being and the Income of Others.

Economic theory assumes that individuals, all else equal, prefer being wealthy rather than poor, so that they experience more “utility” from having more money. There is a large literature on determinants of subjective wellbeing – or ‘happiness’ – showing that this positive relationship with own income is, at least on average, true. There is, however, another factor that influences how satisfied people are with their material goods. (more…)

Who is the Next President?

Nils Bohr famously said that “Prediction is very difficult, especially if it’s about the future”. I have this from a web-site at the University of Exeter in the UK, which has many memorable quotes about forecasting. (more…)

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