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

  • Pablo Gluzmann

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

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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  1. Richard Layard & Guy Mayraz & Stephen Nickell, 2009. "Does Relative Income Matter?: Are the Critics Right?," SOEPpapers on Multidisciplinary Panel Data Research 210, DIW Berlin, The German Socio-Economic Panel (SOEP).
  2. Justin Wolfers & Daniel W. Sacks & Betsey Stevenson, 2013. "The New Stylized Facts About Income and Subjective Well-Being," CAMA Working Papers 2013-03, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  3. 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, vol. 113(3), pages 1009-1023, September.
  4. Stevenson, Betsey & Wolfers, Justin, 2013. "Subjective Well‐Being and Income: Is There Any Evidence of Satiation?," IZA Discussion Papers 7353, Institute for the Study of Labor (IZA).
  5. Perez-Truglia, Ricardo, 2012. "On the causes and consequences of hedonic adaptation," Journal of Economic Psychology, Elsevier, vol. 33(6), pages 1182-1192.
  6. Betsey Stevenson & Justin Wolfers, 2008. "Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox," CESifo Working Paper Series 2394, CESifo Group Munich.
  7. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
  8. Leonardo Gasparini & Pablo Gluzmann, 2009. "Estimating Income Poverty and Inequality from the Gallup World Poll: The Case of Latin America and the Caribbean," CEDLAS, Working Papers 0083, CEDLAS, Universidad Nacional de La Plata.
  9. 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, vol. 76(3), pages 834-852, December.
  10. 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).
  11. 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).
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