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This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10010287588
economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three …
Persistent link: https://www.econbiz.de/10010290007
Economic development in Latin America has trailed most other world regions over the past four decades despite its … relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning …
Persistent link: https://www.econbiz.de/10010274178
labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in …
Persistent link: https://www.econbiz.de/10010282331
This paper examines fungibility as a possible explanation for the missing link between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....
Persistent link: https://www.econbiz.de/10010268229
reliable than those at the individual level. Second, development is a qualitative process involving take-off points and … stages and dimensions of the development process. …
Persistent link: https://www.econbiz.de/10010278591
The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...
Persistent link: https://www.econbiz.de/10010282123
Women's rights and economic development are highly correlated. Today, the discrepancy between the legal rights of women … women had few rights before economic development took off. Is development the cause of expanding women's rights, or … conversely, do women's rights facilitate development? We argue that there is truth to both hypotheses. The literature on the …
Persistent link: https://www.econbiz.de/10010282336
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10011252278
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008682244