Paradox Lost?

Arbeitspapier

Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data comparability, is that they do not focus on identifying long-term trends in happiness. For some countries their estimated growth rates of happiness and GDP are not trend rates, but those observed in cyclical expansion or contraction. Mixing these short-term with long-term growth rates shifts a happiness-GDP regression from a horizontal to positive slope.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 9676

Klassifikation und Themen

• Klassifikation: Wirtschaft ; General Welfare; Well-Being ; Welfare Economics: General ; Economic Development: General
• Thema: Easterlin Paradox ; economic growth ; income ; happiness ; life satisfaction ; subjective well-being ; transition countries ; less developed nations ; developed countries ; long-term ; short-term ; trends ; fluctuations

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Easterlin, Richard A.
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2016

Weitere Informationen

• Handle: http://hdl.handle.net/10419/130344
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ