Easterlin, Richard A. - In: Journal of Economic Behavior & Organization 71 (2009) 2, pp. 130-145
In the 1990s transition from socialism to capitalism in Eastern Europe life satisfaction followed the collapse and recovery of GDP, but failed to recover commensurately. By 2005, with GDP averaging about 25 per cent above its early 1990s level, life satisfaction was typically back to its earlier...