Easterlin Income Doubling Calculation

	A	B	C	D	E	F	G
1	Using actual coefficients from Easterlin and O'Connor 2020
2		Easterlin WVS non-transition (2019 Data)	Easterlin Gallup non-transition (2019 Data)
3	Years to double income by increasing from 2% to 3% growth	71.047	71.047
4	Average coefficient of annual LS change on annual GDPpc growth	0.001	0.0024
5	Increase in Life satisfaction per income doubling from Easterlin Data	0.07	0.17
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7	Replicating above using alternative specifications
8		Counting India as transition economy	Newer data (2020 Data)	Easterlin Full dataset
9	Years to double income by increasing from 2% to 3% growth	71.047	71.047	71.047
10	Average coefficient of annual LS change on annual GDPpc growth	0.00353	0.0042	0.005
11	Increase in Life satisfaction per income doubling from Easterlin Data	0.3	0.3	0.4
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14	Estimating individual cross sectional regression from a graph
15		Figure 1 in Michael Plant EA Forum Post
16	Cantril Ladder score at 10,000 income	5.6
17	Cantril Ladder score at 160,000 income	7.5
18	Number of income doublings	4
19	Increase in Cantril score per income doubling	0.5
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22	Country level cross section regression
23		Figure 4 in Sacks et al. 2010
24	Regression on ln(income)	0.342
25	Increase in Cantril score per income doubling	0.5
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29	At the magnitude of the coefficients in the tables, if the GDP of a country were increased by one percentage point, it would take 1000 years to raise happiness 10 by one point according to the WVS/EVS coefficient (Table 2, column 1), and 500 years, by the GWP coefficient (Table 3, column 1).
30		2		3	ratio	doublings	LS change per doubling
31	500	19956.56914		2621877.234	131.3791572	7.037592606	0.1420940449
32	1000	398264651.7		6874240231170	17260.48295	14.07518521	0.07104702247
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34		4		5	ratio	doublings	per doubling
35	500	328601581.6		39323261827	119.6685105	6.902899763	0.1448666552
36	1000	1.07979E+17		1.54632E+21	14320.55241	13.80579953	0.07243332762
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38	https://forum.effectivealtruism.org/posts/gCDsAj3K5gcZvGgbg/will-faster-economic-growth-make-us-happier-the-relevance-of
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40	Stevenson and wolfers 2008
41	https://www.nber.org/system/files/working_papers/w14282/w14282.pdf
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43	Easterlin 2020
44	https://docs.iza.org/dp13923.pdf
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