Showing 1 - 10 of 26
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … share of both the "very unhappy" and the "perfectly happy". Lower happiness inequality is found both between and within … goods helps to explain this greater happiness homogeneity. This new stylised fact arguably comes as a bonus to the Easterlin …
Persistent link: https://www.econbiz.de/10010945135
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … contributed to this greater happiness homogeneity. This new stylized fact comes as an addition to the Easterlin paradox,offering a …
Persistent link: https://www.econbiz.de/10011267929
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … addition to the Easterlin paradox, which states that the time trend in average happiness is flat during episodes of long …-run income growth. This mean-preserving declining spread in happiness comes about via falls in both the share of individuals who …
Persistent link: https://www.econbiz.de/10011252278
Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well]being...
Persistent link: https://www.econbiz.de/10010636596
Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well-being...
Persistent link: https://www.econbiz.de/10010636771
Many scholars have argued that once “basic needs” have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing...
Persistent link: https://www.econbiz.de/10010643335
an economic analysis of happiness are shown and illustrated with two specific applications. The relationship between … the value of public goods. The short discussion of governmental ?happiness policy? from a constitutional viewpoint … suggests a comparative institutional analysis of subjective well-being. The happiness revolution in economics is only at its …
Persistent link: https://www.econbiz.de/10005039605
an economic analysis of happiness are shown and illustrated with two specific applications. The relationship between … the value of public goods. The short discussion of governmental „happiness policy“ from a constitutional viewpoint … suggests a comparative institutional analysis of subjective well-being. The happiness revolution in economics is only at its …
Persistent link: https://www.econbiz.de/10004979381
Cross-disciplinary ?happiness research? has made big progress in the measurement of individual welfare. This … development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we … postulate that the appropriate approach is not to maximize aggregate happiness in seeking to improve outcomes by direct policy …
Persistent link: https://www.econbiz.de/10005536939
This paper provides unprecedented direct evidence from large-scale survey data on both the intensity (how much?) and direction (to whom?) of income comparisons. Income comparisons are considered to be at least somewhat important by three-quarters of Europeans. They are associated with both lower...
Persistent link: https://www.econbiz.de/10010738776