Is man doomed to progress?

Pre-print, Working paper: This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using ten waves of the Russian Longitudinal Monitoring Survey, a panel household survey rich in subjective variables, the analysis suggests that for a given total stock of inter-temporal consumption, agents are more satisfied with an increasing time-profile of consumption: they seem to have a strong "taste for improvement".

Author(s)

Claudia Senik

Date of publication
  • 2007
Keywords JEL
C23 D31 D84 D91 I31 Z13
Keywords
  • Panel data
  • Adaptation
  • Subjective happiness
  • Growth
  • Expectations
Internal reference
  • PSE Working Papers n°2006-12
Version
  • 1