poverty despite striking reductions in absolute poverty. The effects of relative deprivation explain why average happiness has …

income, relative income (i.e. how individual income compares to those of peers), individual health, and relative health … contribute to these inequalities. The analysis focuses on the population aged 50 and over, using data from the ‘Survey of Health …, Ageing, and Retirement in Europe’ and the ‘Health and Retirement Study’ for the US. All countries display some socioeconomic …

life", such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …