Hajdu, Tamás; Hajdu, Gábor - Institut für Weltwirtschaft (IfW) - 2014
association of reduction of income inequality (redistribution) with subjective wellbeing. Their results provide evidence that … people in Europe are negatively affected by income inequality, whereas reduction of inequality has a positive effect on well …-being. Since the authors simultaneously estimate the effects of income inequality and its reduction, their results indicate that …