GDP and life satisfaction: New evidence

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Eugenio Proto, Aldo Rustichini.

The link between higher national income and higher national life satisfaction is critical to economic policymaking. This column presents new evidence that the connection is hump-shaped. There is a clear, positive relation in the poorer nations and regions, but it flattens out at around $30,000–$35,000, and then turns negative.

Πηγή: Voxeu

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