Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/33441 
Year of Publication: 
2005
Series/Report no.: 
IZA Discussion Papers No. 1716
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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

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