Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - KOF Swiss Economic Institute, Department of Management, … - 2009
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … income generation process affects this association. Building on a two-period model of individual life-time utility … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …