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Happiness, growth, and public policy
Easterlin, Richard A. - 2013
If society's goal is to increase people's feelings of well-being, economic growth in itself will not do the job. Full employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not only in higher income nations but also in countries...
Persistent link: https://www.econbiz.de/10010293153
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China's life satisfaction, 1990 - 2010
Easterlin, Richard A.; Morgan, Robson; Switek, Malgorzata; … - 2013
Despite its unprecedented growth in output per capita in the last two decades, China has essentially followed the life satisfaction trajectory of the central and eastern European transition countries - a U-shaped swing and a nil or declining trend. There is no evidence of an increase in life...
Persistent link: https://www.econbiz.de/10010330130
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Paradox Lost?
Easterlin, Richard A. - 2016
Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...
Persistent link: https://www.econbiz.de/10011451233
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The Easterlin Paradox
Easterlin, Richard A.; O’Connor, Kelsey J. - 2020
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/10012387899
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Why Does Happiness Respond Differently to an Increase vs. Decrease in Income?
Easterlin, Richard A. - 2021
The answer is that people's evaluations of their income situation are based on different considerations when the economy is expanding and when it is contracting. When, in the course of economic growth, incomes generally are rising, evaluations tend to be dominated by "social comparison"—what...
Persistent link: https://www.econbiz.de/10012658224
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Explaining Happiness Trends in Europe
Easterlin, Richard A.; O'Connor, Kelsey J. - 2023
In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to the generosity of welfare state programs— increasing happiness going with increasing generosity and declining happiness with declining generosity. This is the principal...
Persistent link: https://www.econbiz.de/10014296648
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The Easterlin Paradox
Easterlin, Richard A.; O'Connor, Kelsey J. - 2020
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/10012497824
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Subjective well-being, income, economic development and growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010
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/10010274556
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Subjective well-being, income, economic development and growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010
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/10010274814
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Poverty persistence and poverty dynamics
Biewen, Martin - In: IZA World of Labor (2014)
A considerable part of the poverty that is measured in a single period is transitory rather than persistent. In most … into and out of poverty should be the main focus of anti-poverty policies. Understanding the characteristics of the … persistently poor, and the circumstances and mechanisms associated with entry into and exit from poverty, can help to inform …
Persistent link: https://www.econbiz.de/10011404937