Who Benefits from Economic Freedom? Unraveling the Effect of Economic Freedom on Subjective Well-Being

Volume: 50, Pages: 74 - 90
Published: Oct 1, 2013
Abstract
Who benefits from economic freedom? Results from a panel of 86 countries over the 1990–2005 period suggest that overall economic freedom has a significant positive effect on subjective well-being. Its dimensions legal security and property rights, sound money, and regulation are in particular strong predictors of higher well-being. The overall positive effect is not affected by socio-demographics; the effects of individual dimensions vary,...
Paper Details
Title
Who Benefits from Economic Freedom? Unraveling the Effect of Economic Freedom on Subjective Well-Being
Published Date
Oct 1, 2013
Volume
50
Pages
74 - 90
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