Creative destruction and subjective wellbeing /

In this paper we analyze the relationship between turnover-driven growth and subjective wellbeing, using cross-sectional MSA level US data. We find that the effect of creative destruction on wellbeing is (i) unambiguously positive if we control for MSA-level unemployment, less so if we do not; (ii)...

• Other Authors: Aghion, Philippe, Deaton, Angus, 1945-
• Format: eBook
• Language: English
• Published: Cambridge, Mass. : NBER, 2015
• Series: Working paper series ; 21069
• Subjects: ECONOMIA DEL BIENESTAR; SEGURO DE DESEMPLEO; MODELOS DE CRECIMIENTO; ANALISIS EMPIRICO; SUBSIDIOS DE DESEMPLEO; SUBVENCIONES DE DESEMPLEO
• Online Access: http://www.nber.org/papers/w21069.pdf; Información sobre el autor; Información sobre el autor