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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 …
Persistent link: https://www.econbiz.de/10011630578
Obesity has become a major health issue. Research in economics has provided important insights as to how technological progress reduced the relative price of food and contributed to the increase in obesity. However, the increased availability of food might well have overstrained will power and...
Persistent link: https://www.econbiz.de/10003664856
Obesity has become a major health issue. Research in economics has provided important insights as to how technological progress reduced the relative price of food and contributed to the increase in obesity. However, the increased availability of food might well have overstrained will power and...
Persistent link: https://www.econbiz.de/10012751866
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/10003919804
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
In this paper we compute inequality measures over the distribution of a subjective well-being variable constructed from … inequality in subjective well-being may be a better proxy for the degree of unfairness in a society than income inequality. We … find evidence that inequality in subjective well-being has an inverse-U relationship with per capita GDP, but it is …
Persistent link: https://www.econbiz.de/10011714455
well-being is much less investigated. It is argued that the concept of well-being inequality cannot be properly defined … concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up …
Persistent link: https://www.econbiz.de/10011379637
The hypothesis tested in this paper is whether the increasing inequality in recent years has had a significant impact …
Persistent link: https://www.econbiz.de/10012171363
demonstrate, ineqord can be used for dominance checks as well as for estimation of indices of polarization and inequality. …
Persistent link: https://www.econbiz.de/10012193714
We argue that the relationship between individual satisfaction with life (SWL) and SWL inequality is more complex than … described by leading earlier research such as Goff, Helliwell, and Mayraz (Economic Inquiry, 2018). Using inequality indices … inequality, matters for individual SWL outcomes; so too does whether we look upwards or downwards at the (skewed) distribution …
Persistent link: https://www.econbiz.de/10012290721