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We replicate nine key results from the happiness literature: the Easterlin Paradox, the 'U-shaped' relation between happiness and age, the happiness trade-off between inflation and unemployment, cross-country comparisons of happiness, the impact of the Moving to Opportunity program on happiness,...
Persistent link: https://www.econbiz.de/10012452868
transformation of the utility function will reverse the ranking. We provide several examples and a formal proof. Whether Moving …
Persistent link: https://www.econbiz.de/10012458714