Wellbeing has declined among the least educated, especially prime-aged non-graduates who are notably susceptible to what Case and Deaton refer to as “deaths of despair.” Rapid decline in the wellbeing of the young – especially young women – means that those under the age of 25 have poorer mental health than older people. Although wellbeing responds differently to economic growth in more prosperous and less prosperous countries, wellbeing rankings change very little due to three variables that remain relatively consistent over time: education, life expectancy and GDP. A different story arises, however, when we look at expectations about the future, both in terms of the way individuals feel their lives will unfold, and in relation to broader macro-economic circumstances relating both to the economy and unemployment in the country where the respondent lives. Our 2024 Morley Gunderson Lecturer, Labour Economist and Professor of Economics at Dartmouth College, David “Danny” Blanchflower, will share the findings of his co-authored research (Alex Bryson), including the way expectations have the potential to predict economic downturns and unemployment rates within a given year.
-Date & Time | Thursday, April 25, from 4-6:00pm -Location | Innis Town Hall Innis College 2 Sussex Avenue, Toronto, ON, M5S 1J5 The Morley Gunderson Lecture in Industrial Relations and Labour Economics is jointly sponsored by the Centre for Industrial Relations & Human Resources, the Department of Economics, and Woodsworth College.
