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This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of … process of market disintegration in 221 prefectures of Qing China. Comparing our results with those for grain price panels … from Western Europe we conclude that in terms of market integration the Great Divergence was well under way decades before …
Persistent link: https://www.econbiz.de/10011375678
To study whether current spending levels and public knowledge of them contribute to transatlantic differences in policy preferences, we implement parallel survey experiments in Germany and the United States. In both countries, support for increased education spending and teacher salaries falls...
Persistent link: https://www.econbiz.de/10011565610
given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained … unprecedented growth and economic development-PRC and India became the second and fourth largest economies of the world … from US$341 in 1990 to US$4,421 in 2010 whereas India posted a four times growth from US$384 in 1990 to US$1,342 in 2010 …
Persistent link: https://www.econbiz.de/10011444894
Persistent link: https://www.econbiz.de/10003641717
The use of height data to measure living standards is now a well-established method in the economic literature. While much is known about 19th century black legal and material conditions, less is known about how 19th century biological conditions were related to the physical environment and...
Persistent link: https://www.econbiz.de/10003771878
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008697413
social safety nets in the United States than in Western and Northern Europe, in spite of higher per capita income. The West …
Persistent link: https://www.econbiz.de/10011509441
We use several well-being measures that combine average income with a measure of inequality to undertake international, intertemporal, and global comparisons of well-being. The conclusions emerging from the analysis are that our well-being measures drastically change our impression of levels of...
Persistent link: https://www.econbiz.de/10011514115
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009736745
countries ranging from rich (Canada, U.S.) to poor (India, Indonesia). We develop a measure of human capital that accounts for …
Persistent link: https://www.econbiz.de/10011645910