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Going Beyond GDP with a Parsimonious Indicator : Inequality-Adjusted Healthy Lifetime Income
Bloom, David E. - 2020
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012840894
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Effort and Comparison Income : Experimental and Survey Evidence
Clark, Andrew; Masclet, David; Villeval, Marie Claire - 2021
This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift-exchange game with ISSP survey data. We find a consistent negative effect of others' incomes on individual effort in both datasets. The individual's rank in the income...
Persistent link: https://www.econbiz.de/10013317559
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Spurring Economic Growth through Human Development : Research Results and Guidance for Policymakers
Bloom, David E. - 2020
on i) a theoretical economic growth model with poverty traps, ii) a literature review of evidence that different human …
Persistent link: https://www.econbiz.de/10012840892
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Adaptation to Poverty in Long-Run Panel Data
Clark, Andrew - 2014
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …
Persistent link: https://www.econbiz.de/10013042992