1 option
Creative Destruction and Subjective Wellbeing / Philippe Aghion, Ufuk Akcigit, Angus Deaton, Alexandra Roulet.
- Format:
- Book
- Author/Creator:
- Aghion, Philippe.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w21069.
- NBER working paper series no. w21069
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2015.
- Summary:
- 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) more positive on future wellbeing than on current well-being; (iii) more positive in MSAs with faster growing industries or with industries that are less prone to outsourcing; (iv) more positive in MSAs within states with more generous unemployment insurance policies.
- Notes:
- Print version record
- April 2015.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.