national income growth. The relationships found are used to construct an index of national economic performance in terms of SWB …

countries), raising doubts regarding the well-known Easterlin Paradox, a new paradox arises: 'unhappy growth', where faster … growth rates are accompanied by lower levels of satisfaction. The losses of satisfaction associated with growth are more …

This paper surveys recent research on aid and growth. It also provides an overview of research on inter-recipient aid … framework should be built on a recognition that the effectiveness of aid in increasing growth, and by implication in reducing … include political stability, democracy, post conflict reconstruction, and economic vulnerability. …

Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a … currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU …

Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a … currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU … adjustment, the adjustment to a price shock in EMU might take several decades. Keywords: EMU, convergence, stability. …

stability requires a discretionary economic policy. This position relies upon an analytical approach in which monetary and … nominal rigidities and financial commitment offer the means to achieve economic stability. This is because they prevent …

The "unhappy growth paradox" found by Deaton (2008) and Lora and Chaparro (2008) on the Gallup World Poll (GWP) 2006 is …

Economic growth is one of the objectives of the current government. Fiscal policy, encompassing government expenditure … and taxation decisions, can significantly impact on economic growth. This paper proposes a framework which views fiscal … policy through three lenses and applies this approach to consider how fiscal policy affects economic growth. The three lenses …