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-being as well as the effect of objective life circumstances using the WHO Study on Global AGEing and Adult Health (SAGE). Our …
Persistent link: https://www.econbiz.de/10010223137
In this paper, we explore the drawbacks of GDP per capita in purchasing power parity as an indicator of economic development and well-being and evaluate the factors which diminish its ability to represent the level of life. Firstly, we theoretically outline the issues that might be undermining...
Persistent link: https://www.econbiz.de/10013460801
the interactions between human capital, productivity and health are explored. Most of the world's growth in population … raising living standards, improving health standards, and altering time allocation decisions. In most currently poor and …
Persistent link: https://www.econbiz.de/10014024081
Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And … does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own …
Persistent link: https://www.econbiz.de/10011635703
, which in turn positively affects productivity and health, among other behavioral outcomes, and thereby instills a virtuous …
Persistent link: https://www.econbiz.de/10012505150
, in turn, would positively affect productivity and health - among other behavioral outcomes - and thereby instill a …
Persistent link: https://www.econbiz.de/10012803715
happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a … happiness. For some countries their estimated growth rates of happiness and GDP are not trend rates, but those observed in … cyclical expansion or contraction. Mixing these short-term with long-term growth rates shifts a happiness-GDP regression from a …
Persistent link: https://www.econbiz.de/10011450390
Richer people are happier than poorer people, but when a country becomes richer over time, its people do not become happier. This seemingly contradictory pair of findings of Richard Easterlin has be-come famous as the Easterlin Paradox. However, it was met with counterevidence. To shed more...
Persistent link: https://www.econbiz.de/10011951423
Information and Communication Technologies (ICTs) represent a significant technological advancement that enhances communication, access to information, and socio-economic interactions. By analysing the impact of ICTs on well-being across nations, this study explores an essential aspect of...
Persistent link: https://www.econbiz.de/10015331925
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … vitiates the otherwise positive effect of own-income growth on happiness. Critics of the Paradox mistakenly present the …
Persistent link: https://www.econbiz.de/10012372750