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Will GDP growth increase happiness in developing countries?
Clark, Andrew E.; Senik, Claudia - 2011
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/10010278591
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Subjective Well-Being and Income: Is There Any Evidence of Satiation?
Stevenson, Betsey; Wolfers, Justin - 2013
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/10010319466
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Culture, institutions and the wealth of nations
Gorodnichenko, Yuriy; Roland, Gerard - 2010
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/10010274699
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The new stylized facts about income and subjective well-being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2012
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/10010291356
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Gone with the Storm: Rainfall Shocks and Household Well-Being in Guatemala
Baez, Javier E.; Lucchetti, Leonardo; Genoni, Maria Eugenia - 2015
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/10010500291
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Gone with the Storm: Rainfall Shocks and Household Well-Being in Guatemala
Baez, Javier E.; Lucchetti, Leonardo; Genoni, Maria Eugenia - Institute for the Study of Labor (IZA) - 2015
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/10011149769
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Aid, growth, and jobs
Fields, Gary - 2013
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/10010291372
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The New Stylized Facts about Income and Subjective Well-Being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2012
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/10010635588
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Aid, Growth, and Jobs
Fields, Gary S. - Institute for the Study of Labor (IZA) - 2013
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/10010778775
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Disparities in Labor Market Outcomes across Geopolitical Regions in Nigeria: Fact or Fantasy?
Uwaifo Oyelere, Ruth Osarenti Oyelere nee Uwaifo - Institute for the Study of Labor (IZA) - 2007
Differences in geopolitical regions of Nigeria are not debatable. However, there is no clear consensus on the dimension of these disparities. In this paper, claims of geopolitical region disparities in labor market outcomes are investigated using survey data from Nigeria between 1996-1999. Both...
Persistent link: https://www.econbiz.de/10005763559