In brief: Business cycle blues
People do not psychologically benefit from economic expansions nearly as much as they suffer from recessions, according to research by JanEmmanuel De Neve and colleagues.
Year of publication: |
2015-01
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Authors: | Keulenaer, Femke De ; Neve, Jan-Emmanuel De ; Kavetsos, Georgios ; Norton, Michael I. ; Landeghem, Bert Van ; Ward, George W. |
Institutions: | Centre for Economic Performance, LSE |
Subject: | Economic growth | business cycles | subjective well-being | loss aversion |
Saved in:
freely available
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Classification: | D03 - Behavioral Economics; Underlying Principles ; O11 - Macroeconomic Analyses of Economic Development ; D69 - Welfare Economics. Other ; I39 - Welfare and Poverty. Other |
Source: |
Persistent link: https://www.econbiz.de/10011123598