We argue that perceived fairness of the income generation process affects the association between income inequality and subjective well-being, and that there are systematic differences in this regard between countries that are characterized by a high or, respectively, low level of actual...

The two sides of envy, destructive and constructive, give rise to qualitatively different equilibria, depending on the economic, institutional, and cultural environment. If investment opportunities are scarce, inequality is high, property rights are poorly protected, and social comparisons are...

The two sides of envy, destructive and competitive, give rise to qualitatively different equilibria, depending on economic, institutional, and cultural environment. If inequality is high, property rights are poorly protected, and social comparisons are strong, the society is likely to settle in...

Research on the consequences of income inequality on subjective well-being has yielded mixed results, including a lack of a statistically significant correlation. We propose that this inconsistency may arise from the failure to differentiate between perceived and actual income inequality....

La “paradoja del crecimiento infeliz” que encuentran tanto Lora y Chaparro (2008) como Deaton (2008) en la Encuesta Mundial Gallup (EMG) de 2006 es inconsistente con la literatura en términos del impacto del ingreso sobre el bienestar en el corto plazo. Este trabajo incorpora...

The “unhappy growth paradox” found by Deaton (2008) and Lora and Chaparro (2008) on the Gallup World Pool (GWP) 2006 is inconsistent with the literature in terms of the impact of income on well-being in the short term. This paper incorporates alternatively inequality indicators and the...

The "unhappy growth paradox" found by Deaton (2008) and Lora and Chaparro (2008) on the Gallup World Poll (GWP) 2006 is inconsistent with the literature in terms of the impact of income on wellbeing in the short term. This paper incorporates alternatively inequality indicators and the change in...

Research on the consequences of income inequality on subjective well-being has yielded mixed results, including a lack of a statistically significant correlation. We propose that this inconsistency may arise from the failure to differentiate between perceived and actual income inequality....

Many countries in the Western hemisphere are currently experiencing a backlash against globalization. Most of the research examining the issue has concentrated on international specialization and within-country income inequality as main drivers of the backlash. Doing so, the discussion has...

This paper provides evidence of the changing attitudes to inequality during transition to the market in Poland. Using repeated cross-sections of the population, it identifies a structural break in the relationship between income inequality and satisfaction. Whereas in the first stage of the...