"Since the start of the high unemployment, there has been discussion in Germany of reductions in working hours, also for employment policy reasons, as a means of avoiding the threat of redundancies or - for lack of additional jobs - to spread the work available over more people to reduce...

Die bisherigen Daten scheinen auf eine lediglich begrenzte Einkommenskonvergenz zwischen Ost- und Westdeutschland anstatt auf eine Angleichung in absehbarer Zeit hinzudeuten. In diesem Beitrag konzentrieren sich die Autoren auf die Frage, ob in Deutschland zukünftig vollständige Konvergenz der...

Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross-section but not over time) on a global level. We make a case for testing the Easterlin hypothesis at the country level where individual panel data allow exploiting important...

Many factors inhibiting and facilitating economic growth have been suggested. Will international income data tell which matter when all are treated symmetrically a priori? We find that growth determinants emerging from agnostic Bayesian model averaging and classical model selection procedures...

Although urban China has experienced spectacular income growth over the last two decades, increases in inequality, reduction in social welfare provision, deregulation of grain prices, and increases in income uncertainty in the 1990s have increased urban poverty. Using a large repeated...

There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. This is true for three groups of countries analyzed separately - 17 developed, 9 developing, and 11 transition - and also for the 37 countries taken together. Time series...

In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...