Do other peoples’ incomes reduce the happiness which people in advanced countries experience from any given income? And … does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own …

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … has fallen in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the … share of both the “very unhappy” and the “perfectly happy”. Lower happiness inequality is found both between and within …

to neighbours has a negative coefficient, implying that living in a high-income neighbourhood increases happiness. The …

inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys … (which are based directly on the scale of reported happiness) could be biased upwards if true utility is convex with respect … to reported happiness. We find some evidence of such bias, but it is small—yielding a new estimated elasticity of 1 …

This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and …