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Vol. 91, No. 3
Posted 2009-05-01

The Impact of Inflation and Unemployment on Subjective Personal and Country Evaluations

by Néstor Gándelman and Rubén Hernández-Murillo

The authors use data from the Gallup World Poll to analyze what determines individual assessments of past, present, and future personal and country well-being. These measures allow the analysis of two dimensions of happiness data not previously examined in the literature: the better-than-average effect and optimism.

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