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Long term trends in happiness and income are not related; short term fluctuations in happiness and income are positively associated. Evidence for this is found in time series data for developed countries, transition countries, and less developed countries, whether analyzed separately or pooled....
Persistent link: https://www.econbiz.de/10013087399
Based on point-of-time comparisons of happiness in richer and poorer countries, it is commonly asserted that economic growth will have a significant positive impact on happiness in poorer countries, if not richer. The time trends of subjective well-being (SWB) in 13 developing countries,...
Persistent link: https://www.econbiz.de/10012764679
The striking thing about the happiness-income paradox is that over the long-term – usually a period of 10 years or more – happiness does not increase as a country's income rises. Heretofore the evidence for this was limited to developed countries. This article presents evidence that the long...
Persistent link: https://www.econbiz.de/10013315997
and a unique rate of diffusion throughout the world. Suppose too that initially all countries are fairly closely bunched … follower countries in the various parts of the world fall in line in a similar geographic order. The result will be …
Persistent link: https://www.econbiz.de/10013083094
only in higher income nations but also in countries that account for most of the population of the less-developed world …. These conclusions are suggested by an analysis of a wide range of evidence on happiness in countries throughout the world …
Persistent link: https://www.econbiz.de/10013085480
There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. This is true for three groups of countries analyzed separately - 17 developed, 9 developing, and 11 transition - and also for the 37 countries taken together. Time series...
Persistent link: https://www.econbiz.de/10012764241
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason for the contradiction is social comparison. At a point...
Persistent link: https://www.econbiz.de/10013314864