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Persistent link: https://www.econbiz.de/10012604726
Introduction -- Part 1 The basic analytical framework -- Conceptions of individual well being -- Valuation of functioning bundles and interpersonal comparisons of well being -- Freedom and individual well being -- Freedom A re examination of the concept -- Part 2 Some applications -- Measurement...
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Using four waves of the European Social Survey (179,273 individuals from 29 countries) the authors analyze the association of reduction of income inequality (redistribution) with subjective wellbeing. Their results provide evidence that people in Europe are negatively affected by income...
Persistent link: https://www.econbiz.de/10010357364
Using four waves of the European Social Survey (179,273 individuals from 29 countries) the authors analyze the 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...
Persistent link: https://www.econbiz.de/10010420030
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...
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People who are unable to maintain the same standard of living as others around them experience a sense of relative deprivation that has been shown to reduce feelings of well-being. Relative deprivation reflects conditions of worsening relative poverty despite striking reductions in absolute...
Persistent link: https://www.econbiz.de/10011430756
Although there is a growing interest in subjective well-being (SWB) and its determinants, the extent of socioeconomic inequalities in SWB has not yet been analyzed. This study assesses socioeconomic inequalities in SWB in twelve European countries and the United States (US), by estimating...
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