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The growing literature studying the determinants of subjective wellbeing find that Mexicans report, on average, levels of life satisfaction that are above what would be predicted by the available objective measures of well-being. This paradox raises the following question: Are the drivers of...
Persistent link: https://www.econbiz.de/10011277025
The growing literature studying the determinants of subjective wellbeing find that Mexicans report, on average, levels of life satisfaction that are above what would be predicted by the available objective measures of well-being. This paradox raises the following question: Are the drivers of...
Persistent link: https://www.econbiz.de/10011398816
of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a … capita across countries, and find no evidence of a satiation point beyond which wealthier countries have no further increases … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income …
Persistent link: https://www.econbiz.de/10005667028
for a satiation point above which income and well-being are no longer related. …
Persistent link: https://www.econbiz.de/10011083711
-log and does not diminish as incomes rise. If there is a satiation point, we are yet to reach it. …
Persistent link: https://www.econbiz.de/10010951086
There is enough evidence to be confident that individuals are able and willing to provide a meaningful answer when asked to value on a finite scale their satisfaction with their own lives, a question that psychologists have long and often posed to respondents of large questionnaires. Without...
Persistent link: https://www.econbiz.de/10009756958
In this chapter both theory and empirics are used to show that our picture of the processes of economic development changes radically when nature is introduced as a capital asset. Particular features of institutions that fashion societies' use of the natural-resource base are identified and...
Persistent link: https://www.econbiz.de/10010700812
In this chapter both theory and empirics are used to show that our picture of the processes of economic development changes radically when nature is introduced as a capital asset. Particular features of institutions that fashion societies' use of the natural-resource base are identified and...
Persistent link: https://www.econbiz.de/10014025728
Persistent link: https://www.econbiz.de/10014423390
Persistent link: https://www.econbiz.de/10013274150