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Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10011880789
This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with the Easterlin paradox, higher income is always...
Persistent link: https://www.econbiz.de/10009235175
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/10009738762
considerable number of children. Using an observational checklist tool, we find strong rapport between visitors and families, and … consistent involvement of caregivers and children in practicing activities during the visit. However, visitors rarely explain the …
Persistent link: https://www.econbiz.de/10011571942
strike Guatemala since rainfall records have been kept - on household welfare. The analysis reveals substantial negative … labor supply (on the intensive margin) and simultaneously relying on the labor supply of their children and withdrawing them … seen in urban Guatemala between 2006 and 2011, which national authorities and analysts previously attributed solely to the …
Persistent link: https://www.econbiz.de/10010472574
health spending reform prompted by Brazil's 29th Constitutional Amendment, which mandated municipalities to spend at least 15 …
Persistent link: https://www.econbiz.de/10014494616
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...
Persistent link: https://www.econbiz.de/10009007836
Measuring the intergenerational mobility of welfare provides key inputs for policies, but very few studies examine intergenerational mobility of subjective well-being (SWB), particularly in a poorer, transitional country context. We make new contributions by analyzing rich panel SWB data from...
Persistent link: https://www.econbiz.de/10013187174
Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of absolute economic misery in the world. In this paper, I focus on an important but relatively underemphasized approach to poverty reduction: helping the poor earn more in the...
Persistent link: https://www.econbiz.de/10009696021
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10009683272