Brilliant paper titled The Paradox of Declining Female Happiness by Betsey Stevenson and Justin Wolfers (UofPennsylvania) (see here) is tackling a paradoxical development of the last 35 years, whereby although "objective measures of lives of women in the US have improved... measures of subjective well-being indicate that women's happiness has declined both absolutely and relative to men." If you think this stuff is esoteric (albeit very exciting) research, you are wrong. Remember - academics flash out paradoxes, but politicians devise pork-laden policies aiming at 'addressing' such paradoxes. Hence, authors' claim that: "The paradox of women's declining relative well-being is found across various data sets, measures of subjective well-being, and is pervasive across demographic groups and industrialized countries. Relative declines in female happiness have eroded a gender gap in happiness in which women in the 1970s typically reported higher subjective well-being than did men. These declines have continued and a new gender gap is emerging - one with higher subjective well-being for me." So that will be a new round of subsidies for closing an emerging new gender gap, then? Women are now relatively poor in terms of happiness than men... someone, quick, call the CORI!
Sunday, July 5, 2009
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