In brief: Business cycle blues

Femke De Keulenaer, Jan-Emmanuel De Neve, Georgios Kavetsos, Michael I. Norton, Bert Van Landeghem and George W. Ward

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: People do not psychologically benefit from economic expansions nearly as much as they suffer from recessions, according to research by JanEmmanuel De Neve and colleagues.

Keywords: Economic growth; business cycles; subjective well-being; loss aversion (search for similar items in EconPapers)
JEL-codes: D03 D69 I39 O11 (search for similar items in EconPapers)
Date: 2015-01
New Economics Papers: this item is included in nep-fdg and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:440

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