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Bienestar subjetivo y crecimiento económico: analizando la paradoja del crecimiento infeliz en la Encuesta Mundial Gallup

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  • Pablo Gluzmann

    (Centro de Estudios Distributivos, Laborales y Sociales, Facultad de Ciencias Económicas, Universidad Nacional de La Plata. CONICET)

Abstract

The “unhappy growth paradox” found by Deaton (2008) and Lora and Chaparro (2008) on the Gallup World Pool (GWP) 2006 is inconsistent with the literature in terms of the impact of income on well-being in the short term. This paper incorporates alternatively inequality indicators and the change in subjective well-being in the cross-country analysis. The first exercise shows that inequality cannot explain the paradox. The second exercise shows that the results in the GWP 2006 return to be consistent with literature in the short term when the correctly specification of the relationship is set.

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File URL: http://economica.econo.unlp.edu.ar/documentos/20131216094940AM_Economica_589.pdf
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Article provided by Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata in its journal Económica.

Volume (Year): 59 (2013)
Issue (Month): (January-December)
Pages: 231-258

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Handle: RePEc:lap:journl:589

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Keywords: Subjective well-being; Subjective welfare; Growth; Inequality; Gallup.;

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  1. Richard Layard & Guy Mayraz & Stephen Nickell, 2009. "Does relative income matter? Are the critics right?," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 28594, London School of Economics and Political Science, LSE Library.
  2. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 27(1), pages 35-47, June.
  3. Stevenson, Betsey & Wolfers, Justin, 2008. "Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox," CEPR Discussion Papers, C.E.P.R. Discussion Papers 6944, C.E.P.R. Discussion Papers.
  4. Easterlin, Richard A. & Angelescu McVey, Laura & Switek, Malgorzata & Sawangfa, Onnicha & Zweig, Jacqueline Smith, 2011. "The Happiness-Income Paradox Revisited," IZA Discussion Papers 5799, Institute for the Study of Labor (IZA).
  5. Betsey Stevenson & Justin Wolfers, 2013. "Subjective Well-Being and Income: Is There Any Evidence of Satiation?," American Economic Review, American Economic Association, American Economic Association, vol. 103(3), pages 598-604, May.
  6. Di Tella, Rafael & Haisken-De New, John & MacCulloch, Robert, 2010. "Happiness adaptation to income and to status in an individual panel," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 76(3), pages 834-852, December.
  7. Sacks, Daniel W. & Stevenson, Betsey & Wolfers, Justin, 2012. "The New Stylized Facts about Income and Subjective Well-Being," IZA Discussion Papers 7105, Institute for the Study of Labor (IZA).
  8. Easterlin, Richard A. & Angelescu McVey, Laura, 2009. "Happiness and Growth the World Over: Time Series Evidence on the Happiness-Income Paradox," IZA Discussion Papers 4060, Institute for the Study of Labor (IZA).
  9. Jesper Rözer & Gerbert Kraaykamp, 2013. "Income Inequality and Subjective Well-being: A Cross-National Study on the Conditional Effects of Individual and National Characteristics," Social Indicators Research, Springer, Springer, vol. 113(3), pages 1009-1023, September.
  10. Perez-Truglia, Ricardo, 2012. "On the causes and consequences of hedonic adaptation," Journal of Economic Psychology, Elsevier, Elsevier, vol. 33(6), pages 1182-1192.
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