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Perspectives from the happiness literature and the role of new instruments for policy analysis
Praag, Bernard M. S. van - 2007
century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical … applicability of happiness economics, retaining the assumption of ordinal individual utilities. In Section 4 we introduce a cardinal … utility concept, which seems to us the natural consequence of the happiness economics methodology. In Section 5 we sketch how …
Persistent link: https://www.econbiz.de/10011372500
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Evolving Hierarchical Preferences and Behavioral Economic Policies
Schnellenbach, Jan - 2018
This paper critically discusses the standard concept of hierarchical preferences, which presupposes that a stable system of higher- and lower-order preferences exists, wherein the former contains an individual's fundamental purposes and values, while the latter guides everyday choices. It is...
Persistent link: https://www.econbiz.de/10012911349
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How Inclusive is Abenomics?
Aoyagi, Chie - 2015
We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to regress a measure of inclusive growth, which incorporates both average income growth and income inequality, on macroeconomic and policy variables. Our analysis suggests that...
Persistent link: https://www.econbiz.de/10013024424
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Asia's Quest for Inclusive Growth Revisited
Aoyagi, Chie - 2015
Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus on the determinants of growth inclusiveness and suggest options for reform. A cross cross-country empirical analysis suggests that fiscal redistribution, monetary policy aimed...
Persistent link: https://www.econbiz.de/10013025498
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COVID-19 and the 'Return of the Normative' in Economic Policy
Reddy, Sanjay G. - 2021
The global health, economic and social emergency resulting from COVID-19 and the response to it has brought normative concerns, often submerged in everyday policymaking, to the forefront. We examine why the crisis has resulted in this "return of the repressed" and what it suggests about the...
Persistent link: https://www.econbiz.de/10013238174
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African Jobless Growth Morphology : Vulnerabilities and Policy Responses
Nwaobi, Godwin Chukwudum - 2013
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive ones disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10013076960
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Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis
van Praag, B.M.S. - 2013
century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical … applicability of happiness economics, retaining the assumption of ordinal individual utilities. In Section 4 we introduce a cardinal … utility concept, which seems to us the natural consequence of the happiness economics methodology. In Section 5 we sketch how …
Persistent link: https://www.econbiz.de/10012754034
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Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis
van Praag, B.M.S. - 2010
century economics. In we sketch the present status of happiness economics. In we consider the practical applicability of … happiness economics, retaining the assumption of ordinal individual utilities. In we introduce a cardinal utility concept, which … seems to us the natural consequence of the happiness economics methodology. In we sketch how this approach can lead to a …
Persistent link: https://www.econbiz.de/10012716092
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Regional and subregional analyses of macroeconomic policy strategies for growth and equality in Southern Africa
Sahoo, Dukhabandhu; Mishra, Diptimayee; Sahoo, Auro Kumar; … - 2020
We investigate the relevance of beta (β, absolute and conditional) and sigma (σ) convergence in the economies of the Common Monetary Area of Southern Africa and in the provinces of the Republic of South Africa using panel data, allowing an understanding of growth and inequality in the region....
Persistent link: https://www.econbiz.de/10012404488
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The impact of the state on the quality of an economic system : a cross-country analysis
Bałtowski, Maciej; Kozarzewski, Piotr - 2019
The paper discusses the role of the state in shaping an economic system which is, in line with the welfare economics …
Persistent link: https://www.econbiz.de/10012052468