inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain … to reported happiness. We find some evidence of such bias, but it is small-yielding a new estimated elasticity of 1 …

inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain … to reported happiness. We find some evidence of such bias, but it is small-yielding a new estimated elasticity of 1 …

While most studies on wealth inequality focus on the inequality between households, this paper examines the …

Welfare-oriented analyses of economic outcome measures such as income and wealth generally rest on the assumption of … definition of the aggregation unit and by controlling its effect on distribution and inequality analysis. We find empirical …

Welfare-oriented analyses of economic outcome measures such as income and wealth generally rest on the assumption of … definition of the aggregation unit and by controlling its effect on distribution and inequality analysis. We find empirical …

's mean welfare level, does not exist, on principle, in the decomposition approach. Present author's own calculations reveal …'s and overall welfare levels, at a plausible degree of economies of scale (i. e., Buhmann et al.'s · > 0.65) the poverty …