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Are optimistic expectations keeping the Chinese happy?

Frijters, Paul; Liu, Yuk Chu (Amy); Meng, Xin

Description

In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population. Using a large scale household survey conducted in 2002 we find that the level of optimism about the future is particularly strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse...[Show more]

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
URI: http://hdl.handle.net/1885/30139
Source: Journal of Economic Behavior and Organization
DOI: 10.1016/j.jebo.2011.09.007

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