Easterlin, Richard A.; Angelescu McVey, Laura; Switek, … - Institute for the Study of Labor (IZA) - 2011
The striking thing about the happiness-income paradox is that over the long-term – usually a period of 10 y or more – happiness does not increase as a country's income rises. Heretofore the evidence for this was limited to developed countries. This article presents evidence that the long...