We analyze a model for N different measurements of a persistent latent time series when measurement errors are mean ….S. quarterly data on GDP and GDI, obtaining an improved aggregate output measure. …

In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to … the generosity of welfare state programs - increasing happiness going with increasing generosity and declining happiness … impression that economic growth, social capital, and / or quality of the environment are driving happiness trends, but in the …