The sadness of Bulgaria
There is a significant positive statistical connection between GDP per capita and the satisfaction rate. However, Bulgaria, being a middle income economy, is one of the saddest places on Earth. We try to identify possible reasons for this phenomenon and we put forward some policy implications. The e...
- Autores:
-
Zuleta González, Hernando
Draganova, Maria
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2012
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/8344
- Acceso en línea:
- http://hdl.handle.net/1992/8344
- Palabra clave:
- Happiness
Prospect theory
Relative consumption
Communism
Desarrollo económico - Bulgaria
Distribución del ingreso - Bulgaria
Rentas nacionales - Bulgaria
D01, D31, D69, J11, J13
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/
| Summary: | There is a significant positive statistical connection between GDP per capita and the satisfaction rate. However, Bulgaria, being a middle income economy, is one of the saddest places on Earth. We try to identify possible reasons for this phenomenon and we put forward some policy implications. The evolution of fertility rates, income per capita and income distribution during the democratic era help to understand the Bulgarian sadness. |
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