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Higher income is associated with greater well-being, but do income gains and losses impact on well-being differently … falls in income have a larger impact on well-being than equivalent income gains. The effect is not explained by the … diminishing returns to well-being of income. Our findings show that loss aversion applies to experienced losses, counteracting …
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Contents -- Preface -- 1. Introduction / Martin Andersson, Lina Bjerke and Charlie Karlsson -- Part I: Geography of structural change, employment and productivity -- 2. Exploring regional differences in the regional capacity to absorb displacements / Kristina Nyström and Ingrid Viklund Ros --...
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