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happiness differences are related to differences in inequality. A major concern, however, is spurious correlation due to the … comprehensive measure of inequality that subsumes the many and various component forms of inequality in particular domains. The … dispersion, (ii) that it is stronger in the subset of individuals who care most about inequality, and (iii) that it extends to …
Persistent link: https://www.econbiz.de/10012456772
Using two large US surveys, we estimate the effects of unemployment on the subjective well-being of the unemployed and the rest of the population. For the unemployed, the non-pecuniary costs of unemployment are several times as large as those due to lower incomes, while the indirect effect at...
Persistent link: https://www.econbiz.de/10012461828