Does economic prosperity bring about a happier society? Mathematical remarks on the Easterlin Paradox debate

Edsel Beja

MPRA Paper from University Library of Munich, Germany

Abstract: The Easterlin Paradox—the perceived absence of a relationship between economic progress and happiness—is one of the most important continuing debates in economics. Yet, both sides of the extant debate are anchored on valid mathematical arguments. The preponderance of evidence is therefore necessary to resolve the Easterlin Paradox.

Keywords: Easterlin Paradox; economic growth; income; time; happiness (search for similar items in EconPapers)
JEL-codes: A1 B40 C02 D00 E0 E00 I30 O40 (search for similar items in EconPapers)
Date: 2013-07-12
New Economics Papers: this item is included in nep-hap and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:48229

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