Is man doomed to progress?

This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using ten waves of the Russian Longitudinal Monitoring Survey, a panel household survey rich in subjective variables, the analysis suggests that for a given total stock of inter-temporal consumption, agents are more satisfied with an increasing time-profile of consumption: they seem to have a strong taste for improvement.

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Year of publication:	2006
Authors:	Senik-Leygonie, Claudia
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Erwartungstheorie \| Wirtschaftswachstum \| Lebenszufriedenheit \| Theorie \| Russland \| expectations \| growth \| subjective happiness \| adaptation \| panel data

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Series:	IZA Discussion Papers ; 2237
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	515785377 [GVK] hdl:10419/33736 [Handle]
Classification:	D31 - Personal Income, Wealth and Their Distributions ; D9 - Intertemporal Choice and Growth ; I31 - General Welfare; Basic Needs; Quality of Life ; Z13 - Social Norms and Social Capital
Source:	EconStor

Persistent link: https://www.econbiz.de/10010267749