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Tiago Neves Sequeira, Tiago Minas & Ferreira-Lopes, A. (2014). Do Large Governments Decrease Happiness? . 46th Annual Conference Money, Macro, and Finance.
T. M. Sequeira et al., "Do Large Governments Decrease Happiness? ", in 46th Annu. Conf. Money, Macro, and Finance, Durham, 2014
@misc{sequeira2014_1733300314786, author = "Tiago Neves Sequeira and Tiago Minas and Ferreira-Lopes, A.", title = "Do Large Governments Decrease Happiness? ", year = "2014", howpublished = "Outro", url = "https://www.dur.ac.uk/business/mmf2014/" }
TY - CPAPER TI - Do Large Governments Decrease Happiness? T2 - 46th Annual Conference Money, Macro, and Finance AU - Tiago Neves Sequeira AU - Tiago Minas AU - Ferreira-Lopes, A. PY - 2014 CY - Durham UR - https://www.dur.ac.uk/business/mmf2014/ AB - Until now there was little evidence of the influence of large governments on happiness and when it existed, it was positive. We show that structural government consumption and other measures of long-term government imbalances significantly decrease happiness and life satisfaction in European countries. In some cases there is evidence of an inverted U-shaped relationship between the Government burden and happiness, for which the negative relationship begin just before the median. This evidence may lead European politicians to reject the idea that bigger Governments lead to higher people satisfaction and to win elections. This result is consistent with people valuing (negatively) expectations for future tax increases, macroeconomic imbalances, and austerity. ER -