We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross …-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle … class increases (measured as the proportion of people with income above 10 US Dollars a day in PPP terms), social policy on …

relation between class (measured by the position in the income distribution), values, and political orientations using … comparable values surveys for six Latin American countries. We find that both a continuous measure of income and categorical … measures of income-based class are robustly associated with values. Both income and class tend to display a similar association …

This paper asks how income distribution affects individual well-being and tries to explore the idea that this relation … depends on the degree of mobility and uncertainty in the economy. It mostly concentrates on the relation between satisfaction … and reference income (defined as the income of one's professional peers), and hinges on the micro-econometric analysis of …

We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for … vary in religiosity between secular and ultra-orthodox. We find a significant effect of religiosity on happiness. With … respect to Jewish families it is most striking that the impact of family size on both life and financial satisfaction seems to …

their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that … only income relative to others was related to well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …

We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross …-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle … class increases (measured as the proportion of people with income above 10 US Dollars a day in PPP terms), social policy on …

To assess the impact of tax-benefit policy changes on income distribution over time, we suggest a methodology based on … counterfactual simulations. We start by decomposing changes in inequality/poverty indices into three contributions: reforms of the … (benefit amounts, tax bands, etc.), and all other changes in the underlying population (market income inequality, demographic …

This article sheds light on the important differences in self-declared happiness across countries of equivalent … affluence. It hinges on the different happiness statements of natives and immigrants in a set of European countries to …-negligible importance in explaining international heterogeneity in happiness. In some countries, such as France, they are responsible for 80 …

Europe deliver greater satisfaction with political institutions and lead to greater personal happiness. The analysis uses … positive and significant effect on individuals' overall happiness. Fiscal decentralization also exerts a significant effect on … the level of satisfaction with political and economic institutions and with the education and health systems, whereas the …

characterized by increased influence from the financial market andextreme economic events - using data from the Household Income …