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Keyword: easterlin paradox;
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In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has fallen in countries that have experienced income growth (but not in those that did not). Modern gro...Read more...
Andrew E. Clark, Sarah Flèche and Claudia Senik
8 October 2014
Do other peoples’ incomes reduce the happiness which people in advanced countries experience from any given income? And does this help to explain why in the U.S., Germany and some other advanced countries, happiness has ...Read more...
Richard Layard, Guy Mayraz and Stephen Nickell
This paper attempts to draw lessons for the New Economy from what economists know about technology dissemination and economic growth. It argues that what is most notable about the New Economy is that it is knowledge-driv...Read more...