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".
Keywords JEL
Keywords
- Panel data
- Adaptation
- Subjective happiness
- Growth
- Expectations
Internal reference
- PSE Working Papers n°2006-12
URL of the HAL notice
Version
- 1