Record ID | harvard_bibliographic_metadata/ab.bib.14.20150123.full.mrc:279791339:2073 |
Source | harvard_bibliographic_metadata |
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LEADER: 02073namaa2200337Ki 4500
001 014209881-7
005 20141016135404.0
008 141016s2014 maua b 000 0 eng d
035 0 $aocn893106669
040 $aHBS$erda$cHBS
100 1 $aDe Neve, Jan-Emmanuel,$eauthor.
245 10 $aIndividual experience of positive and negative growth is asymmetric :$bglobal evidence from subjective well-being data /$cJan-Emmanuel De Neve, George W. Ward, Famke De Keulenaer, Bert Van Landeghem, Georgios Kavetsos, , Michael I. Norton.
264 1 $a[Boston] :$bHarvard Business School,$c[2014]
300 $a34 pages :$billustations ;$c28 cm.
336 $atext$2rdacontent
337 $aunmediated$2rdamedia
338 $avolume$2rdacarrier
490 1 $aWorking paper / Harvard Business School ;$v15-021
500 $a"October 2014" -- Publisher's website.
504 $aIncludes bibliographical references (pages 25-30).
520 $aAre individuals more sensitive to losses than gains in macroeconomic growth? Using subjective well-being measures across three large data sets, we observe an asymmetry in the way positive and negative economic growth are experienced, with losses having more than twice as much impact on individual happiness as compared to equivalent gains. We use Gallup World Poll data drawn from 151 countries, BRFSS data taken from a representative sample of 2.5 million US respondents, and Eurobarometer data that cover multiple business cycles over four decades. This research provides a new perspective on the welfare cost of business cycles with implications for growth pol- icy and our understanding of the long-run relationship between GDP and subjective well-being.
700 1 $aWard, George W.,$eauthor.
700 1 $aDe Keulenaer, Famke,$eauthor.
700 1 $aVan Landeghem, Bert,$eauthor.
700 1 $aKavetsos, Georgios,$eauthor.
700 1 $aNorton, Michael I.,$eauthor.
710 2 $aHarvard Business School.
830 0 $aWorking paper (Harvard Business School) ;$v15-021.
988 $a20141016
049 $aHBSM
906 $0MH