a similar trajectory over time, seem to have a powerful predictive information for the near-term GDP growth (up to four … relatively high predictive power regarding GDP growth, a further deterioration may imply that economic activity is likely to slow …

-shedding observed during the recent financial crisis. The paper finds that the rapid growth of the real wage, which outpaced the labor … productivity growth in most sectors, played an important role in suppressing employment creation. The paper also finds that while … and thus contribute to a weak link between real wage growth and labor productivity growth in the short term. This finding …

-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …' life satisfaction typically grows, and that those countries experiencing more rapid economic growth also tend to experience … more rapid growth in life satisfaction. These results together suggest that measured subjective well-being grows hand in …