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dc.contributor.authorLora, Eduardoen_US
dc.contributor.authorChaparro, Juan Camiloen_US
dc.date.accessioned2010-02-23en_US
dc.date.accessioned2011-11-18T11:47:25Z-
dc.date.available2011-11-18T11:47:25Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/51436-
dc.description.abstractThis paper makes use of the 2006 Gallup World Survey, which includes opinions on satisfaction with various aspects of life in 130 countries. Although a very solid relationship is found between satisfaction and income (both across and within countries), raising doubts regarding the well-known Easterlin Paradox, a new paradox arises: 'unhappy growth', where faster growth rates are accompanied by lower levels of satisfaction. The losses of satisfaction associated with growth are more pronounced in the material domains of life and are greater in richer and more urban societies. At the individual level, although higher incomes tend to be reflected in greater satisfaction, an increase in the income of the social group to which an individual belongs has the opposite effect. The conflictive relationship between satisfaction and income has implications for political economy. In particular, it suggests a simple mechanism for explaining various characteristic traits of economic and social populism.en_US
dc.language.isoengen_US
dc.publisherInter-American Development Bank, Research Dep. Washington, DCen_US
dc.relation.ispartofseriesWorking paper // Inter-American Development Bank, Research Department 642en_US
dc.subject.jelD63en_US
dc.subject.jelE61en_US
dc.subject.jelI31en_US
dc.subject.jelO21en_US
dc.subject.ddc330en_US
dc.subject.keywordIncomeen_US
dc.subject.keywordQuality of Lifeen_US
dc.subject.keywordGDPen_US
dc.subject.keywordGrowthen_US
dc.subject.keywordLatin Americaen_US
dc.titleThe conflictive relationship between satisfaction and incomeen_US
dc.typeWorking Paperen_US
dc.identifier.ppn586084258en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Research Department Working Papers, Inter-American Development Bank

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