, the biggest contributors to happiness in our sample have been the increase in income and the increase in life expectancy …. Our accounting exercise suggests that the unexplained trend in happiness is even bigger than would be predicted if income … was the only argument in the utility function. In other words, introducing omitted variables worsens the income-without-happiness …

durable assets ownership seem to determine happiness levels as well as income. Relative income also matters to well …Are happiness patterns structurally the same when comparing poor and rich countries? Using cross-sectional data from … similar structure and is U-shaped in age in South Africa as in developed countries. Well-being rises with income. Unemployment …

of labour is near- zero and productivity of land provides only subsistence. Poverty keeps consumption and savings low …

It has been noted that failure to meet the target set by government for reducing the head count ratio of child poverty … argument that absolute poverty is not a meaningful idea, this apology for the failure of government to meet poverty targets … also misses wider problems embedded in recent trends in the household income distribution. For example, inequality measures …

likely effects of an FTA with China on poverty and income distribution. We find that the FTA would result in a small … reduction in poverty as well as an improvement in the income distribution. Highly disaggregated data at the industry level is …This paper estimates the potential effects of a free trade agreement (FTA) between China and Mercosur on poverty …

income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … Gini coefficient and to increase average income, growth, and income of the poor. However, some non-linearites are detected …

We compare three approaches to linking macro models with representative households and micro household income data in … terms of their implications for measuring the poverty and distributional effects of poverty reduction strategies. These … different results in absolute terms, we show that potential differences in the measurement of distributional and poverty effects …

society. It is also found that relative income is more important to happiness at higher levels of absolute income. Potential … the paper is concerned with the role of relative concepts. We find that comparator income – measured as average income of … others in the local residential cluster - enters the household’s utility function positively but that income of more distant …

We state the following hypotheses: 1) Happiness depends on social rank – a term from primatology meaning the place in … correlation between relative income and subjective well-being in humans. 2) There are mechanisms of cheating the ranks, which … boost happiness of all. 3) Intelligence is a happiness- boosting tool, which should be more developed by low …