Is Business Cycle Volatility Costly? Evidence from Surveys of Subjective Wellbeing
收藏NBER2003-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9619
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资源简介：
This paper analyzes 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
提供机构：
美国国家经济研究局
创建时间：
2003-04-01
