Showing 1 - 10 of 933
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...
Persistent link: https://www.econbiz.de/10011436192
How to undertake distributional comparisons when personal well-being is measured using income is well-established. But what if personal well-being is measured using subjective well-being indicators such as life satisfaction or self-assessed health status? Has average well-being increased or...
Persistent link: https://www.econbiz.de/10012140082
Non-intersection of appropriately-defined Generalized Lorenz (GL) curves is equivalent to a unanimous ranking of distributions of ordinal data by all Cowell and Flachaire (Economica 2017) indices of inequality and by a new index based on GL curve areas. Comparisons of life satisfaction...
Persistent link: https://www.econbiz.de/10012140090
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...
Persistent link: https://www.econbiz.de/10011684624
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went from lowest to highest LS, though their average...
Persistent link: https://www.econbiz.de/10011770417
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...
Persistent link: https://www.econbiz.de/10009747812
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...
Persistent link: https://www.econbiz.de/10010350420
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 maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10010258037
This paper applies the German Socio-Economic Panel to analyse the effect of within household in-come comparison on individual life satisfaction. Our estimates indicate, a primary breadwinner wifedecreases spousal individual happiness by roughly nine per cent. To state the economic...
Persistent link: https://www.econbiz.de/10012820346
To compare distributions of ordinal data such as individuals' responses on Likert-type scale variables summarizing subjective well-being, we should not apply the toolbox of methods developed for cardinal variables such as income. Instead we should use an analogous toolbox which takes account of...
Persistent link: https://www.econbiz.de/10012193714