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@article{ Senik2008, title = {Is man doomed to progress?}, author = {Senik, Claudia}, journal = {Journal of Economic Behavior & Organization}, number = {1}, pages = {140-152}, volume = {68}, year = {2008}, doi = {https://doi.org/10.1016/j.jebo.2008.03.004}, urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-264000}, 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.}, }