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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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The new stylized facts about income and subjective well-being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2012
whether we look at economic growth for a given country. Through these comparisons we show that richer people report higher … poorer countries; and that economic growth and growth in well-being are clearly related. Moreover, the data show no evidence …
Persistent link: https://www.econbiz.de/10010291356
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The Brain Drain: Curse or Boon?
Commander, Simon; Kangasniemi, Mari; Winters, L. Alan - 2003
The migration of skilled individuals from developing countries has typically been considered to be costly for the sending country, due to lost investments in education, high fiscal costs and labour market distortions. Economic theory, however, raises the possibility of a beneficial brain drain...
Persistent link: https://www.econbiz.de/10010261546
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The return of the long-run Phillips curve
Graham, Liam; Snower, Dennis J. - 2002
This paper shows that the interaction between money growth and staggered nominal contracts gives rise to a long …-run inflation-unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10010265568
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A reappraisal of the inflation-unemployment tradeoff
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2002
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth? describing the … interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation, and …
Persistent link: https://www.econbiz.de/10010276419
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The Return of the Long-Run Phillips Curve
Graham, Liam; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002
This paper shows that the interaction between money growth and staggered nominal contracts gives rise to a long …-run inflation-unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10005822071
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The European Phillips Curve: Does the NAIRU Exist?
Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2003
model, covering a panel of EU countries, and derives the implied long-run inflation-unemployment tradeoff. Our results …
Persistent link: https://www.econbiz.de/10005566739
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A Reappraisal of the Inflation-Unemployment Tradeoff
Snower, Dennis; Karanassou, Marika; Sala, Hector - Institute for the Study of Labor (IZA) - 2002
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth" describing the … interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation, and …
Persistent link: https://www.econbiz.de/10005761764
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Historical Analysis of National Subjective Wellbeing Using Millions of Digitized Books
Hills, Thomas; Proto, Eugenio; Sgroi, Daniel - 2015
We present the first attempt to construct a long-run historical measure of subjective wellbeing using language corpora derived from millions of digitized books. While existing measures of subjective wellbeing go back to at most the 1970s, we can go back at least 200 years further using our...
Persistent link: https://www.econbiz.de/10011307412
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Inequality of Opportunity in Education: Accounting for the Contributions of Sibs, Schools and Sorting across East Africa
Anand, Paul; Behrman, Jere R.; Dang, Hai-Anh; Jones, Sam - 2019
Inequalities in the opportunity to obtain a good education in low-income countries are widely understood to be related to household resources and schooling quality. Yet, to date, most researchers have investigated the contributions of these two factors separately. This paper considers them...
Persistent link: https://www.econbiz.de/10011984630