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association of reduction of income inequality (redistribution) with subjective wellbeing. 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 its reduction, their results indicate that …
Persistent link: https://www.econbiz.de/10010357364
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
This paper explores a new theoretical and empirical approach to the assessment of human well-being, relevant to current challenges of social fragmentation in the presence of globalization and technological advance. We present two indexes of well-being - solidarity (S) and agency (A) - to be...
Persistent link: https://www.econbiz.de/10012178514
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/10012195532
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/10012169722
This paper decomposes inequality in subjective well-being into inequality due to socioeconomic background (SEB) and … meritocratic inequality due to differences in individual merits such as school performance. We measure the meritocratic share of … outcomes are not yet visible. At age 18-19, about 40 percent of the inequality in well-being is meritocratic. The role of …
Persistent link: https://www.econbiz.de/10013361479
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10010258037
We here use repeated cross-section data from the Afrobarometer, Asianbarometer Latinobarometer, and Eurobarometer to analyse the variables that are correlated with both current and future evaluations of standards of living. These are related not only to an individual's own economic resources but...
Persistent link: https://www.econbiz.de/10011947084
common feature of cross-country or longitudinal studies. -- Happiness ; inequality …Do people care about income inequality and does income inequality affect subjective well-being? Welfare theories can … predict either a positive or a negative impact of income inequality on subjective well-being and empirical research has found …
Persistent link: https://www.econbiz.de/10008658265
The relationship between inequality and happiness is counter-intuitive. This applies to both inequality in income and …, levels of income inequality. Second, happiness indices are higher in countries with high percentages of billionaire and …. Using these datasets, I examine the relationship between income inequality and happiness for over 200 countries from 2000 to …
Persistent link: https://www.econbiz.de/10012869832