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Creative Destruction and Subjective Well-Being

In this paper we analyze the relationship between turnover-driven growth and subjective wellbeing. Our model of innovation-led growth and unemployment predicts that: (i) the effect of creative destruction on expected individual welfare should be unambiguously positive if we control for unemployment,...

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Bibliographische Detailangaben
Veröffentlicht in:Am Econ Rev
Hauptverfasser: Aghion, Philippe, Akcigit, Ufuk, Deaton, Angus, Roulet, Alexandra
Format: Artigo
Sprache:Inglês
Veröffentlicht: 2016
Schlagworte:
Online Zugang:https://ncbi.nlm.nih.gov/pmc/articles/PMC5510036/
https://ncbi.nlm.nih.gov/pubmed/28713168
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1257/aer.20150338
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