@TechReport{iza:izadps:dp2237, author={Senik, Claudia}, title={Is Man Doomed to Progress?}, year={2006}, month={Jul}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={2237}, url={https://www.iza.org/publications/dp2237}, abstract={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={panel data;subjective happiness;growth;expectations;adaptation}, }