Consumers' expected income growth declined significantly during the Great Recession. It was the most severe drop ever … observed in these data, and expectations have not yet fully recovered. Furthermore, this article shows that expected income … growth is a strong predictor of actual future income and consumption growth …

capita income to fall far behind the world leader. Once industrialization begins, this trend is reversed. The extent to which … improvements in agricultural productivity (due to, say, a Green Revolution) will experience a rapid increase in its income relative …

-country income distribution. Using a newly constructed dataset of climatic temperatures stretching over three centuries (18th, 19th … is introduced, the effect of 20th century climatic temperature on current income is either weakly positive or … insignificant. Our findings are robust to various sub-samples, additional geographic controls, and alternative income measures. The …

Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in … about well-being, we find no support for this claim. The relationship between well-being and income is roughly linear …

Many scholars have argued that once “basic needs” have been met, higher income is no longer associated with higher in … about well-being, we find no support for this claim. The relationship between well-being and income is roughly linear …