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Testing the Easterlin Paradox: Results and Policy Implications

Beja, Edsel Jr. (2018): Testing the Easterlin Paradox: Results and Policy Implications.

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Abstract

The Easterlin Paradox is about the contradiction between an evidence of a short-run relationship between happiness and income growth and no evidence of a long-run relationship between happiness and income growth. The paper argues that there is confirmation of the Easterlin Paradox when the magnitude of the estimated long-run relationship is practically equal to zero notwithstanding its statistical significance. The findings of the paper support the Easterlin Paradox.

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  • Testing the Easterlin Paradox: Results and Policy Implications. (deposited 13 Jun 2020 09:26) [Currently Displayed]
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