More documents from Senik, Claudia
More documents from Journal of Economic Behavior & Organization

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

Is man doomed to progress?

[journal article]

Senik, Claudia

fulltextDownloadDownload full text

(249 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
Abstract This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using 10 waves of the Russian Longitudinal Monitoring Survey (RLMS), a panel household survey rich in subjective variables, the analysis suggests that for a given total stock of inter-temporal consumption, agents are more satisfied with an increasing time profile of consumption: they seem to have a strong "taste for improvement". This contributes to qualify the "Easterlin paradox" that income growth does not make people happy.
Classification Sociology of Economics; Political Economy
Free Keywords Expectations; Growth; Subjective happiness; Adaptation; Panel data; C23; D31; D84; D91; I31; Z13
Document language English
Publication Year 2008
Page/Pages p. 140-152
Journal Journal of Economic Behavior & Organization, 68 (2008) 1
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)