TY - BOOK AU - Aghion,Philippe AU - Deaton,Angus TI - Creative destruction and subjective wellbeing T2 - Working paper series U1 - 330 21 PY - 2015/// CY - Cambridge, Mass. PB - NBER KW - ECONOMIA DEL BIENESTAR KW - SEGURO DE DESEMPLEO KW - MODELOS DE CRECIMIENTO KW - ANALISIS EMPIRICO KW - SUBSIDIOS DE DESEMPLEO KW - SUBVENCIONES DE DESEMPLEO N2 - In this paper we analyze the relationship between turnover-driven growth and subjective wellbeing, using cross-sectional MSA level US data. We find that the effect of creative destruction on wellbeing is (i) unambiguously positive if we control for MSA-level unemployment, less so if we do not; (ii) more positive on future wellbeing than on current well-being; (iii) more positive in MSAs with faster growing industries or with industries that are less prone to outsourcing; (iv) more positive in MSAs within states with more generous unemployment insurance policies UR - http://www.nber.org/papers/w21069.pdf UR - http://scholar.harvard.edu/files/aghion/files/cv_sept_2014.pdf UR - https://es.wikipedia.org/wiki/Angus_Deaton ER -