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Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/35136
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Stevenson, Betsey | | en_US |
| dc.contributor.author | | Wolfers, Justin | | en_US |
| dc.date.accessioned | | 2008-09-24 | | en_US |
| dc.date.accessioned | | 2010-07-07T11:34:01Z | | - |
| dc.date.available | | 2010-07-07T11:34:01Z | | - |
| dc.date.issued | | 2008 | | en_US |
| dc.identifier.pi | | urn:nbn:de:101:1-20080828153 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/35136 | | - |
| dc.description.abstract | | The Easterlin paradox suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive link between average levels of subjective well-being and GDP per capita across countries, and find no evidence of a satiation point beyond which wealthier countries have no further increases in subjective well-being. We show that the estimated relationship is consistent across many datasets and is similar to the relationship between subject well-being and income observed within countries. Finally, examining the relationship between changes in subjective well-being and income over time within countries we find economic growth associated with rising happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income comparisons in determining happiness. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | IZA Bonn | | en_US |
| dc.relation.ispartofseries | | IZA Discussion Papers 3654 | | en_US |
| dc.subject.jel | | D6 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Happiness | | en_US |
| dc.subject.keyword | | subjective well-being | | en_US |
| dc.subject.keyword | | Easterlin Paradox | | en_US |
| dc.subject.keyword | | life satisfaction | | en_US |
| dc.subject.keyword | | economic growth | | en_US |
| dc.subject.keyword | | well-being-income gradient | | en_US |
| dc.subject.keyword | | hedonic treadmill | | en_US |
| dc.subject.stw | | Lebenszufriedenheit | | en_US |
| dc.subject.stw | | Lebensstandard | | en_US |
| dc.subject.stw | | Wirtschaftswachstum | | en_US |
| dc.subject.stw | | Sozialprodukt | | en_US |
| dc.subject.stw | | Lebensqualität | | en_US |
| dc.subject.stw | | Welt | | en_US |
| dc.subject.stw | | Lebenszufriedenheit | | en_US |
| dc.subject.stw | | Lebensstandard | | en_US |
| dc.subject.stw | | Wirtschaftswachstum | | en_US |
| dc.subject.stw | | Sozialprodukt | | en_US |
| dc.subject.stw | | Lebensqualität | | en_US |
| dc.subject.stw | | Welt | | en_US |
| dc.title | | Economic growth and subjective well-being: reassessing the easterlin paradox | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 578090570 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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