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Articles 1 - 7 of 7

Full-Text Articles in Social and Behavioral Sciences

Beyond Gender Differences In U.S. Life Cycle Happiness, Enrico A. Macelli, Richard A. Easterlin Jan 2005

Beyond Gender Differences In U.S. Life Cycle Happiness, Enrico A. Macelli, Richard A. Easterlin

Economics Faculty Publication Series

We employ two decades of General Social Survey data consisting of 83 birth cohorts from 1893 to 1975 to estimate the influence of satisfaction in seven life domains (family, finances, work, health, friends, place of residence, and leisure time activity) on life-cycle happiness among men and women aged 18 to 89 years in the United States. The adult population is estimated to be happiest at age 51, and men are estimate to surpass women in happiness at age 48. Contrary to both genetic or personality (e.g., traditional gender role) and access to resources (“more is always better”) explanations of happiness, …


Why Equality? How Equality?: The Desirability Of A Focus On Income Distribution, Arthur Macewan Jan 2005

Why Equality? How Equality?: The Desirability Of A Focus On Income Distribution, Arthur Macewan

Economics Faculty Publication Series

Much of the discussion of economic development in low and middle income countries and of poverty reduction has either ignored the issue of income distribution or has tended to view income distribution only in terms of its impact on economic growth. In this paper I argue that such an approach is misguided. I will explain, first, why I believe that it is desirable to give a great deal of attention to income distribution in the analysis of economic development and poverty reduction. My argument includes conceptual, political and practical elements. Second, I will suggest some of the ways in which …


Now That We Do: Same-Sex Couples And Marriage In Massachusetts, A Demographic And Economic Perspective, Randy Albelda, Michael Ash, M.V. Lee Badgett Jan 2005

Now That We Do: Same-Sex Couples And Marriage In Massachusetts, A Demographic And Economic Perspective, Randy Albelda, Michael Ash, M.V. Lee Badgett

Economics Faculty Publication Series

Gay and lesbian couples can now legally marry in Massachusetts. This article examines the demographics of same-sex couples and concludes that gay marriage will have a relatively small but positive long-term aggregate economic impact on the Commonwealth.


Economic Currents: The State Of The State Economy, Alan Clayton-Matthews Jan 2005

Economic Currents: The State Of The State Economy, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

The Massachusetts economy is recovering, but at a relatively slow pace that is consistent with the state’s experience coming out of the last recession. Job creation continues to lag, and the Commonwealth faces continuing economic challenges, including strengthening the technology sector and addressing worker migration.


A Groundhog Day Economy In The Bay State, Alan Clayton-Matthews Jan 2005

A Groundhog Day Economy In The Bay State, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

The Bay State’s economic expansion peaked in December 2000, when the MassBenchmarks Current Economic Index, which is a proxy for gross state product, reached 150.2. But even before reaching that peak, warning signs were on the horizon. The MassBenchmarks Leading Economic Index, which forecasts changes in gross state product six months hence, turned negative in November 2000 and, except for one month, stayed negative for a year. The Current Index did not rise again until April 2003 and since then has risen at a stubbornly slow pace. While there have been eight successive quarters of growth in the Current Index, …


Massachusetts Recovery Stronger Than First Thought, Alan Clayton-Matthews Jan 2005

Massachusetts Recovery Stronger Than First Thought, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

Massachusetts is still in the early stages of the recovery that began in the spring of 2003, but it may still be a couple of years more before it feels as if the recession is finally over. That “feel good” time will come only when unemployment is low enough for the state to achieve what economists call “full employment.” Currently, recent employment estimates from the payroll survey suggest that demand for the products and services supplied by Massachusetts producers is finally outstripping the ability of employers to meet that demand with existing employees. The result is that payroll employment is …


Sailing Into A Strong Future: The Massachusetts Marine Science And Technology Industry, Clyde Barrow, Rebecca Loveland, David Terkla Jan 2005

Sailing Into A Strong Future: The Massachusetts Marine Science And Technology Industry, Clyde Barrow, Rebecca Loveland, David Terkla

Economics Faculty Publication Series

With its focus on high-technology, value-added markets, the Bay State’s marine science and technology cluster and its diverse range of companies keeps expanding into high-end markets.