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U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income inequality measured at the state or national level is associated with diminished subjective well-being (SWB) in the U.S. We conduct the first multi-scale analysis (i.e., at the...
Persistent link: https://www.econbiz.de/10011526744
We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income hypothesis (RIH) and altruism). The relationship is...
Persistent link: https://www.econbiz.de/10011476321
This paper provides an analysis of the social consequences of people seeking to keep up with the Joneses. All individuals attempt to reach a higher rank than the Joneses, including the Joneses themselves. This attitude gives rise to an equilibrium in which all individuals have equal utilities...
Persistent link: https://www.econbiz.de/10010528644
The unprecedented deterioration of our global environment has increased the necessity of relying upon Green Economic policies as critical and effective environmental management tools. The current situation has stimulated extensive research and debate among global interest groups. This has...
Persistent link: https://www.econbiz.de/10010339613
We consider how the demographic transition has been shaped in regions that are the least developed and the most vulnerable to climate change. Environmental conditions affect intra-household labor allocation because of the impacts on local resources under the poor infrastructural system. Climate...
Persistent link: https://www.econbiz.de/10013426262
A central finding in happiness research is that a person's income relative to the average income in her social …
Persistent link: https://www.econbiz.de/10003348533
that measures of subjective well-being indicate that women's happiness has declined both absolutely and relative to men …-being, and is pervasive across demographic groups and industrialized countries. Relative declines in female happiness have eroded … a gender gap in happiness in which women in the 1970s typically reported higher subjective well-being than did men …
Persistent link: https://www.econbiz.de/10003859341
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/10009575162
; happiness ; race …
Persistent link: https://www.econbiz.de/10009727586
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10009683272