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Does it make us unhappier when we compare our consumptionwith that of the Joneses or our own past achievements? This paper tries ananswer by bringing together two disparate literatures: the macro (growth)theory on habit formation and the applied literature related to the Easterlinparadox. Using...
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Arbeitslosigkeit liefern und dass die auf dieser Analyse aufbauenden wirtschaftspolitischen Empfehlungen und Maßnahmen daher …
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sample of 28 nations within the European Union, the study examined the degree to which economic growth and inflation impacted … that economic sentiment and household consumption were significantly shaped by the proxies of economic growth and inflation …. Moreover, in the case of economic sentiment, the negative impact of inflation was much stronger than the positive impact of …
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