inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain … to reported happiness. We find some evidence of such bias, but it is small—yielding a new estimated elasticity of 1 …

evaluation comprise the alleviation of poverty and the reduction in income inequality, whilst the diversity of opinions about …

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … share of both the “very unhappy” and the “perfectly happy”. Lower happiness inequality is found both between and within …

welfare; 2) Growing GDP is pointless since most people don’t benefit; 3) Raising GDP per capita is pointless as it doesn …

-collected data for the UK. ‘Choice’ has been promoted in social policy across many developed welfare states, often on the grounds … autonomy should be addressed – poverty, ill health and geographical inequality – because they place significant restrictions on …

wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest share of cross …