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http://hdl.handle.net/10419/35652
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| Title: | | Happiness and growth the world over: time series evidence on the happiness-income paradox  |
| Authors: | | Easterlin, Richard A. Angelescu, Laura |
| Issue Date: | | 2009 |
| Series/Report no.: | | IZA discussion papers 4060 |
| Abstract: | | There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. This is true for three groups of countries analyzed separately - 17 developed, 9 developing, and 11 transition - and also for the 37 countries taken together. Time series studies reporting a positive relationship confuse a short-term positive association between the growth of happiness and income, arising from fluctuations in macroeconomic conditions, with the long-term relationship, which is nil. |
| Subjects: | | Happiness economic growth developing countries transition countries developed countries |
| JEL: | | I31 D60 O10 P27 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-20090327277 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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