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The quot;Easterlin paradoxquot; suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear...
Persistent link: https://www.econbiz.de/10012758453
This paper uses the first three waves of the Gallup World Poll to investigate differences across countries, cultures … and regions in the factors linked to life satisfaction, paying special attention to the social context. Our principal … findings are: First, using the larger pooled sample, we find that answers to the satisfaction with life and Cantril ladder …
Persistent link: https://www.econbiz.de/10013238741
relative marginal utilities not only for happiness and life satisfaction, but also for aspects related to family, health …
Persistent link: https://www.econbiz.de/10013100684
In this paper we employ World Values Survey measures of life satisfaction as though they were direct measures of … life satisfaction is more closely linked to several World Bank measures of the quality of government than to real per … satisfaction. We test for differences in the relative importance of different aspects of good government, and find a hierarchy of …
Persistent link: https://www.econbiz.de/10012761758
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …- being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their …
Persistent link: https://www.econbiz.de/10013225019
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies among individuals. Its correlation with both...
Persistent link: https://www.econbiz.de/10013000535
This paper presents new evidence linking trust and subjective well-being, based primarily on data from the Gallup World … surveys and the Gallup World Poll ask respondents to estimate the chances that a lost wallet would be returned to them if …
Persistent link: https://www.econbiz.de/10013144746
World Poll, starting in 2005 and extending to 2017 or 2018. In our analysis of the panel of more than 150 countries and …
Persistent link: https://www.econbiz.de/10013322663
satisfaction questions such as satisfaction with an individual's financial situation. Averaging across the 257 individual country …
Persistent link: https://www.econbiz.de/10014243879
Building on Baker, Bloom and Davis (2016), I construct a monthly index of Global Economic Policy Uncertainty (GEPU) from January 1997. The GEPU Index is a GDP-weighted average of national EPU indices for 16 countries that account for two-thirds of global output. Each national EPU index reflects...
Persistent link: https://www.econbiz.de/10012981099