Well-Being Inequality and Reference Groups - An Agenda for New Research

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Well-being Inequality and Reference Groups: An Agenda for New Research

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Inequality and Subjective Well-Being

Diminishing marginal well-being from income suggests that redistributing income from the rich to the poor will raise average levels of well-being within a society. This utilitarian logic suggests that— conditional on average income—countries with greater income inequality will experience lower levels of average well-being. Yet existing research has failed to find clear evidence that inequality ...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2010

ISSN: 1556-5068

DOI: 10.2139/ssrn.1677895