nic 🔹 @nmk.wtf · May 12

You can just use CC to do economics research. I wanted to look at the effects of inequality on happiness. If you do a naive regression you don't find any effects. This is because happiness has large regional components (things like culture).

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nic 🔹 · May 12

So instead we can ask what is the effect of inequality on the happiness relative to your neighbors. Here we do see a persistent negative coefficient. Even if you only compare countries to themselves in the past and future you keep seeing this effect.