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the World Values Survey data and a broad set of fairness measures, we find strong support for the negative (positive …
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such empirical heterogeneity. Using a very large sample of world citizens we test the consistency of income inequality in … predicting life satisfaction. We find that income inequality has a negative and signifcant effect on life satisfaction. This …
Persistent link: https://www.econbiz.de/10008658265
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10009575162
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10009578752
effect of the Gini on both happiness and life satisfaction. Two new measures used here - the ratio of persons in the lowest … number in the highest, in a given country - as developed from the World Values Survey data, are shown here to have a negative … and significant effect on both happiness and life satisfaction. This effect holds overall across countries, and for …
Persistent link: https://www.econbiz.de/10009307464
such empirical heterogeneity. Using a very large sample of world citizens, the author tests the consistency of income … inequality in predicting life satisfaction. The analysis finds that income inequality has a negative and significant effect on … life satisfaction. This result is robust to changes in regressors and estimation choices and also persists across different …
Persistent link: https://www.econbiz.de/10011394863
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has dropped in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the "very unhappy" and the "perfectly...
Persistent link: https://www.econbiz.de/10010252825
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