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The Lisbon summit of the European Council in March 2000 declared the number of people living in poverty and social exclusion in the European Union to be unacceptable, and called for steps to tackle the issue, beginning with the setting of targets for particular indicators. The targets suggested...
Persistent link: https://www.econbiz.de/10014111427
This paper presents an empirical analysis of the importance of income, relative income, monetary and non-monetary poverty for individual wellbeing or happiness in rural Bangladesh. The study is the first estimate of a wellbeing function for Bangladesh using nationally representative micro-panel...
Persistent link: https://www.econbiz.de/10014092471
This paper uses data from Understanding Society: the UK Household Longitudinal Study to explore the association between fuel poverty and a set of well-being outcomes: life-satisfaction, self-reported health measures and more objectively measured biomarker data. Over and above the conventional...
Persistent link: https://www.econbiz.de/10014087664
This paper analyzes the e ffect of regional income inequality within countries on individual life satisfaction. We use … from 1981-2008. Regional income inequality is measured by the coeffi cient of variation of regional GDP per capita. We find … that higher regional income inequality leads to lower life satisfaction in OECD countries. In non-OECD countries, we find …
Persistent link: https://www.econbiz.de/10010489285
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012840894
Inequality is an important threat to the globalization of the world economy that we experience today. This contribution … uses a new measure of inequality: heigth inequality. It covers not only wage recipients, but also the self-employed, the … turns out that within-country inequality is higher in time periods of greater openness.We also find that inequality leads to …
Persistent link: https://www.econbiz.de/10011409375
In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to … analogue of the objective income concept and includes objective income inequality as a special case. The paper introduces a … method to decompose Income Satisfaction Inequality according to the contributions from variables such as income, education …
Persistent link: https://www.econbiz.de/10011326418
This chapter examines different approaches to the measurement of multidimensional inequality and poverty. It first … treatment in poverty measurement. Finally, it reviews the axiomatic approach to inequality analysis. The chapter also provides a …
Persistent link: https://www.econbiz.de/10014025348
We use data from two rounds of the Chinese General Social Survey (CGSS) to study the determinants of subjective well-being in China over the period 2005-2010 during which self-reported happiness scores show an increase across all income groups. Ordered probit regression analysis of well-being...
Persistent link: https://www.econbiz.de/10011449772
association of reduction of income inequality by governmental taxes and transfers (redistribution) with subjective well …-being. Their results provide evidence that people in Europe are negatively affected by income inequality, whereas reduction of … inequality has a positive effect on well-being. Since the authors simultaneously estimate the effects of income inequality and …
Persistent link: https://www.econbiz.de/10010420030