Comments and discussion

Brookings Papers on Economic Activity

Volumn , Issue SPRING, 2008, Pages 95-102

  Krueger, Alan B ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 55349090686     PISSN: 00072303     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Conference Paper

References (7)

1. Angus Deaton, "Income, Aging, Health and Wellbeing around the World: Evidence from the Gallup World Poll," Working Paper 13317 (Cambridge, Mass.: National Bureau of Economic Research, August 2007).
2. Norbert Schwarz, Stimmung als Information: Untersuchungen zum Einfluß von Stimmungen auf die Bewertung des eigenen Lebens (Heidelberg: Springer Verlag, 1987).
3. See David Schkade and Daniel Kahneman, "Does Living in California Make People Happy? A Focusing Illusion in Judgments of Life Satisfaction," Psychological Science 9, no. 5 (1998): 340-46.
4. Daniel Kahneman, Alan Krueger, David Schkade, Norbert Schwarz, and Arthur Stone, "Would You Be Happier If You Were Richer? A Focusing Illusion," Science 312 (June 30, 2006): 1908-10.
5. Justin Wolfers kindly provided me with the data used for table 3 in the conference draft of their paper to estimate this less restrictive equation.
6. In addition, my sample differs from the one used in the published version of Stevenson and Wolfers's paper because their sample has evolved over time.
7. One reason why the standard error does not increase is that the country-GDP interactions fit the data better, leading to a lower mean square error.