@TechReport{iza:izadps:dp1716,
            	author={Bjørnskov, Christian and Gupta, Nabanita Datta and Pedersen, Peder J.},
            	title={What Buys Happiness? Analyzing Trends in Subjective Well-Being in 15 European Countries, 1973-2002},
            	year={2005},
	month={Aug},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={1716},
            	url={https://www.iza.org/publications/dp1716},
	abstract={Trends in life satisfaction are examined across 15 European countries employing a modified version of Kendall's Tau. Analyses show that GDP growth relative to growth in the preceding period is a significant determinant of the trends; the same holds for the growth in life expectancy while the contemporaneous growth in the current account balance exerts a positive influence. Relative unemployment growth becomes significant when interacted with a measure of the long-run political ideology of the median voter. The effects of relative GDP growth vary with the political ideology variable.},
	keywords={subjective well-being;economic factors},
            }