Search results for "Easterlin paradox"
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Argentina’s Economic Development and Life Satisfaction Revisited – 1984–2012
2014
At the end of 1983, Argentina returned to democracy. Between 1983 and 2012, Argentina brought better economic and development results as wells as an improvement in the levels of happiness and life satisfaction. Although the macroeconomic cycle was characterized by high volatility, the country GDP per capita was 74 % higher in 2012 compared to 1983, implying an average annual growth rate of 1.9 %, much higher than the average Latin American country. Poverty and income distribution as well as health and education ones notably improved after time intervals of decadence.
Income, Sex, Pills and Relationships: An Empirical Study for Argentina
2016
We use 28 years of Argentina’s life satisfaction (LS) and happiness (HA) data to test the Easterlin Paradox and find out the actual determinants of happiness. Argentineans are happier now than in 1984, and the City of Buenos Aires leads in present rankings of happiness in Argentina. In the cross-section analysis, LS correlates with the satisfaction about the economic situation of households, but the satisfaction with family and time spent with loved ones have a higher explanatory power. When it comes to HA, high social class members do not always buy a ticket, but low class makes people sadder. Nontraditional variables – pills for mental stress and sex – were also studied.