The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Is Business Cycle Volatility Costly? Evidence from Surveys of Subjective Well‐Being
Open accessAbstract
This paper analyses the effects of business cycle volatility on measures of subjective well‐being, including self‐reported happiness and life satisfaction. I find robust evidence that high inflation and, to a greater extent, unemployment lower perceived well‐being. Greater macroeconomic volatility also undermines well‐being. These effects are moderate but important: eliminating unemployment volatility would raise well‐being by an amount roughly equal to that from lowering the average level of unemployment by a quarter of a percentage point. The effects of inflation volatility on well‐being are less easy to detect and are likely smaller.
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Cites
Diener, E. (1984) · Psychological Bulletin · doi:10.1037/0033-2909.95.3.542 · Cited by 11,023
Does Economic Growth Improve the Human Lot? Some Empirical Evidence
EASTERLIN, R. A. (1974) · Nations and Households in Economic Growth · doi:10.1016/b978-0-12-205050-3.50008-7 · Cited by 4,474
Cited by
Dolan, P., Peasgood, T., & White, M. (2008) · Journal of Economic Psychology · doi:10.1016/j.joep.2007.09.001 · Cited by 3,121
Some Uses of Happiness Data in Economics
Tella, R. D., & MacCulloch, R. (2006) · Journal of Economic Perspectives · doi:10.1257/089533006776526111 · Cited by 889
Reeves, A., McKee, M., Gunnell, D., Chang, S.-S., Basu, S., Barr, B., & Stuckler, D. (2015) · European Journal of Public Health · doi:10.1093/eurpub/cku168 · Cited by 166
International Evidence on Well-Being
Blanchflower, D. G. (2009) · Measuring the Subjective Well-Being of Nations · doi:10.7208/chicago/9780226454573.003.0008 · Cited by 67
Metadata
- Authors
- Wolfers, J.
- Venue
- International Finance
- Publisher
- Wiley
- Published
- 2003-03
- Volume
- 6
- Issue
- 1
- Pages
- 1-26
- ISSN
- 1367-0271 (ISSN-L)
- 1468-2362
- OpenAlex
- W3124078511
- Cited by
- 184
- References
- 2
- FWCI
- 4.05
- Type
- journal article
- Language
- en
- Open access
- bronze
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
