A large portion of the real income gains from economic growth in the US since the 1970's have accrued to the top income quartile. We evaluate the equality-efficiency trade-off using subjective wellbeing data from the General Social Survey. Specifically, we estimate the parameter of inequality...

Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly sensitive to simple parameter changes. Using large-scale...

We review the survey and experimental findings in the literature on attitudes to income inequality. We interpret the latter as any disparity in incomes between individuals. We classify these findings into two broad types of individual attitudes towards the income distribution in a society: the...

We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find that Germans are...

We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find that Germans are...

This paper examines the relationship between intra-couple income distribution and subjective well-being, using nationally representative data from Hungary. We show that the association between the woman's relative income (the woman's share of the couple's total earnings) and life satisfaction is...