David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Despite the strong growth performance in transition countries in the last decade, residents of transition countries report abnormally low levels of life satisfaction. Using data from multiple sources including a recent survey in 28 post-communist countries, we study various explanations of this phenomenon. We find that deterioration in public goods provision, an increase in macroeconomic volatility, and a mismatch of human capital explain a great deal of the difference in life satisfaction between transition countries and other countries with similar income. The rest of the gap is explained by the difference in the quality of the samples. As in other countries, life satisfaction in transition is strongly related to income; but due to a higher non-response of high-income individuals in transition countries, the effect of GDP growth on the increase in life satisfaction estimated using survey data is biased downwards. The evidence suggests that if the region keeps growing at current rates, the life satisfaction in transition countries will catch up with the normal level in the near future.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Alfio Cerami, Worlds of Socio-Economic Security in Western Europe: The Need for Bottom Up Empowerment.
J. Barkley Rosser, Complex Dynamics of Macroeconomic Collapse and Its Aftermath in Transition Economies.
Fred Feldman (2008). Whole Life Satisfaction Concepts of Happiness. Theoria 74 (3):219-238.
J. Barkley Rosser, Multiple Unofficial Economy Equilibria and Income Distribution Dynamics in Systemic Transition.
James D. Gwartney & Robert A. Lawson (2006). The Impact of Tax Policy on Economic Growth, Income Distribution, and Allocation of Taxes. Social Philosophy and Policy 23 (2):28-52.
T. L. P. Tang (2007). Income and Quality of Life: Does the Love of Money Make a Difference? [REVIEW] Journal of Business Ethics 72 (4):375 - 393.
Added to index2009-01-28
Total downloads8 ( #389,649 of 1,902,204 )
Recent downloads (6 months)1 ( #466,168 of 1,902,204 )
How can I increase my downloads?