Figure 13. Happiness and the Output Gap in the United States
1972. 1976 1980. 1984 1988. 1992. 1996 2000. 2004 2008.
Sources: General Social Survey, 1972-2006; Bureau of Economic Analysis.
Notes: “Output gap” is the difference between real GDP per capita and its trend, estimated using a Hodrick-Prescott filter on annual data on the logarithm of real GDP per capita, with the
smoothing parameter set to 6.25. Happiness data are aggregated into a happiness index by running an ordered probit regression of happiness on year fixed effects. See figure 8 for wording
of the question. See text for details of the sample.
Figures—13
More intriguing information
1. The mental map of Dutch entrepreneurs. Changes in the subjective rating of locations in the Netherlands, 1983-1993-20032. The name is absent
3. The name is absent
4. The name is absent
5. Effects of red light and loud noise on the rate at which monkeys sample the sensory environment
6. Technological progress, organizational change and the size of the Human Resources Department
7. The name is absent
8. Transgression et Contestation Dans Ie conte diderotien. Pierre Hartmann Strasbourg
9. The name is absent
10. The name is absent