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The Easterlin paradox, which posits that money does not buy happiness since wealthier nations are not better off in terms of subjective well-being than less wealthy nations, is challenged in a seminal study of Stevensson and Wolfers (2008). In the first part of the paper we replicate their...
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The increasing availability of longitudinal data on income in Europe greatly facilitates the analysis of income and poverty dynamics. In this paper, the results of longitudinal data- analyses on income and poverty in three European welfare states are reported. Using panel data for Germany, the...
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