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OECD Development Centre Working Papers

The OECD Development Centre links OECD members with developing and emerging economies and fosters debate and discussion to seek creative policy solutions to emerging global issues and development challenges. This series of working papers is intended to disseminate the OECD Development Centre’s research findings rapidly among specialists in the field concerned. These papers are generally available in the original English or French, with a summary in the other language.

English, French

The pursuit of happiness

Does gender parity in social institutions matter?

The OECD has long argued that the ultimate goal of public policies is to improve the quality of our lives. But what makes us happy? Does living in a country guaranteeing equal rights and opportunities to women and men increase people’s happiness? This paper shows that genderbased discrimination in social institutions, measured by the Social Institutions and Gender Index (SIGI), impedes well-being, beyond its negative impact on economic growth and GDP. Both men and women are happier when living in a country where social institutions offer equal rights and

opportunities to women and men, even when taking into account country and individual characteristics. Current gender-based discrimination in social institutions fuels a decline of 4.4% in the world average level of life satisfaction. Conversely, eliminating gender-based discrimination in social institutions could reduce the share of the “unhappy” population from 14% to 5% globally.

English

Keywords: subjective well-being, social institutions, gender inequality
JEL: D60: Microeconomics / Welfare Economics / Welfare Economics: General; J16: Labor and Demographic Economics / Demographic Economics / Economics of Gender; Non-labor Discrimination; I31: Health, Education, and Welfare / Welfare, Well-Being, and Poverty / General Welfare; Well-Being
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