Is man doomed to progress? by Claudia Senik Senik-Leygonie, Claudia

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Senik-Leygonie, Claudia
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Journal of Economic Behavior & Organization
Consumption (Economics) - Russia (Federation) - Longitudinal studies.; Progress - Longitudinal studies.; Economics
"This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using ten waves of the Russian Longitudinal Monitoring Survey, a panel household survey rich in subjective variables, the analysis suggests that for a given total stock of inter-temporal consumption, agents are more satisfied with an increasing time-profile of consumption: they seem to have a strong "taste for improvement""--Forschungsinstitut zur Zukunft der Arbeit web site.
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