Oxley, Les; Hanley, Nick; Greasley, David; Blum, Matthias; … - Scottish Institute for Research in Economics (SIRE) - 2014
Genuine Savings has emerged as a widely-used indicator of sustainable development. In this paper, we use long-term data stretching back to 1870 to undertake empirical tests of the relationship between Genuine Savings (GS) and future well-being for three countries: Britain, the USA and Germany....