. More specifically, it seeks to establish the linkages by which government effectiveness affects per capita income, via its … instruments for human capital in cross-country regressions of per capita income. The results identify a significant and positive … effect of human capital on per capita income levels, and partially resolves the inconsistency between macro- and micro …

Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …

Recent studies focused on testing the Easterlin hypothesis (happiness and national income correlate in the cross … a) long-term panel data and estimation with individual fixed effects, b) regional GDP per capita with a higher variation … from previous research, we now count three countries for which Easterlin's happiness-income hypothesis cannot be rejected …

Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …

) Does GDP have uniform impact on financial development in heterogeneous income countries? (ii) Is the relationship non …, heterogeneity and endogeneity. They show that GDP has a positive impact on financial development in high and middle-income countries …