Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10437829 | Journal of Economic Behavior & Organization | 2005 | 9 Pages |
Abstract
Over the life cycle aspirations for material goods grow commensurately with consumer wealth. But aspirations for marriage and the number and “quality” of children do not change much. The puzzle is why there is this difference between life domains in the extent to which aspirations adapt to actual circumstances. The findings come from a cohort analysis of 1978 and 1994 survey responses on the good life.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Richard A. Easterlin,