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Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10005037456
This paper presents a historical database on educational attainment in 74 countries for the period 1870-2010, using perpetual inventory methods before 1960 and then the Cohen and Soto (2007) database. The correlation between the two sets of average years of schooling in 1960 is equal to 0.96. We...
Persistent link: https://www.econbiz.de/10005256472
development since 1860. In a second step, I investigate the long-run influence of income inequality on growth. Because children …'s human capital is a concave function of parental income, income inequality slows down the accumulation of human capital …
Persistent link: https://www.econbiz.de/10005797199