TY  - RPRT
        AU  - Bjørnskov, Christian
AU  - Gupta, Nabanita Datta
AU  - Pedersen, Peder J.
        TI  - What Buys Happiness? Analyzing Trends in Subjective Well-Being in 15 European Countries, 1973-2002
        PY  - 2005/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1716
        UR  - https://www.iza.org/publications/dp1716
        AB  - 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.
        KW  - subjective well-being
KW  - economic factors
        ER  -