Testing the easterlin paradox: Results and policy implications

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...

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Main Author: Beja, Edsel L, Jr
Format: text
Published: Archīum Ateneo 2018
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Online Access:https://archium.ateneo.edu/economics-faculty-pubs/128
https://archium.ateneo.edu/cgi/viewcontent.cgi?article=1127&context=economics-faculty-pubs
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id ph-ateneo-arc.economics-faculty-pubs-1127
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spelling ph-ateneo-arc.economics-faculty-pubs-11272020-08-20T06:08:34Z Testing the easterlin paradox: Results and policy implications Beja, Edsel L, Jr 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. 2018-01-01T08:00:00Z text application/pdf https://archium.ateneo.edu/economics-faculty-pubs/128 https://archium.ateneo.edu/cgi/viewcontent.cgi?article=1127&context=economics-faculty-pubs Economics Department Faculty Publications Archīum Ateneo easterlin paradox cointegration autoregressive distributed lag Behavioral Economics Economics
institution Ateneo De Manila University
building Ateneo De Manila University Library
continent Asia
country Philippines
Philippines
content_provider Ateneo De Manila University Library
collection archium.Ateneo Institutional Repository
topic easterlin paradox
cointegration
autoregressive distributed lag
Behavioral Economics
Economics
spellingShingle easterlin paradox
cointegration
autoregressive distributed lag
Behavioral Economics
Economics
Beja, Edsel L, Jr
Testing the easterlin paradox: Results and policy implications
description 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.
format text
author Beja, Edsel L, Jr
author_facet Beja, Edsel L, Jr
author_sort Beja, Edsel L, Jr
title Testing the easterlin paradox: Results and policy implications
title_short Testing the easterlin paradox: Results and policy implications
title_full Testing the easterlin paradox: Results and policy implications
title_fullStr Testing the easterlin paradox: Results and policy implications
title_full_unstemmed Testing the easterlin paradox: Results and policy implications
title_sort testing the easterlin paradox: results and policy implications
publisher Archīum Ateneo
publishDate 2018
url https://archium.ateneo.edu/economics-faculty-pubs/128
https://archium.ateneo.edu/cgi/viewcontent.cgi?article=1127&context=economics-faculty-pubs
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