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http://hdl.handle.net/10419/33441
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| Title: | | What buys happiness? Analyzing trends in subjective well-being in 15 European countries, 1973 - 2002  |
| Authors: | | Bjørnskov, Christian Gupta, Nabanita Datta Pedersen, Peder J. |
| Issue Date: | | 2005 |
| Series/Report no.: | | IZA Discussion Papers 1716 |
| Abstract: | | Trends in life satisfaction are examined across 15 European countries employing a modified version of Kendall's Tau. Analyses show that GDP growth relative to growth in the preceding period is a significant determinant of the trends; the same holds for the growth in life expectancy while the contemporaneous growth in the current account balance exerts a positive influence. Relative unemployment growth becomes significant when interacted with a measure of the long-run political ideology of the median voter. The effects of relative GDP growth vary with the political ideology variable. |
| Subjects: | | subjective well-being economic factors |
| JEL: | | I31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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