Monday, June 04, 2007

A Nice Paper for GW Business Institute

By Carol Graham, who has done some of the best work on this stuff.

http://www.nd.edu/~adutt/activities/documents/GrahamInequalityAndHappiness2.pdf

Note that as we discussed in class today, Marriage makes people happy, and unemployment makes people REALLY unhappy. All else being equal, people in Venezuela, Honduras and Costa Rica seem to be the happiest in Latin America, while Peruvian, Ecuadorans, and Bolivians are least happy.

You might want to check out the GINI coefficients for these countries (and also try to find what a GINI coefficient is).

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