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Economic inequality and subjective well-being across the world

Author

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  • Andrew E. Clark
  • Conchita D'Ambrosio
Abstract
We here use repeated cross-section data from the Afrobarometer, Asianbarometer Latinobarometer, and Eurobarometer to analyse the variables that are correlated with both current and future evaluations of standards of living. These are related not only to an individual's own economic resources but also to the country distribution of resources. We consider resource comparisons (the gap in resources between richer and poorer individuals) and the normative evaluation of distribution (conditional on these gaps), given by the Gini coefficient.

Suggested Citation

  • Andrew E. Clark & Conchita D'Ambrosio, 2018. "Economic inequality and subjective well-being across the world," WIDER Working Paper Series wp-2018-170, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2018-170
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    References listed on IDEAS

    as
    1. Francisco G. Ferreira & Nora Lustig & Daniel Teles, 2015. "Appraising cross-national income inequality databases: An introduction," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 13(4), pages 497-526, December.
    2. Walter Bossert & Satya R. Chakravarty & Conchita D’Ambrosio, 2019. "Multidimensional Poverty and Material Deprivation with Discrete Data," Themes in Economics, in: Satya R. Chakravarty (ed.), Poverty, Social Exclusion and Stochastic Dominance, pages 191-209, Springer.
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    5. Andrew E. Clark & Sarah Flèche & Claudia Senik, 2016. "Economic Growth Evens Out Happiness: Evidence from Six Surveys," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(3), pages 405-419, September.
    6. E.Clark, Andrew & Senik, Claudia (ed.), 2014. "Happiness and Economic Growth: Lessons from Developing Countries," OUP Catalogue, Oxford University Press, number 9780198723653.
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    11. Shlomo Yitzhaki, 1979. "Relative Deprivation and the Gini Coefficient," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(2), pages 321-324.
    12. Grosfeld, Irena & Senik, Claudia, 2010. "The emerging aversion to inequality - Evidence from subjective data," CEPREMAP Working Papers (Docweb) 1006, CEPREMAP.
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    16. Andrew E. Clark & Claudia Senik, 2014. "Happiness and Economic Growth: Lessons from Developing Countries," PSE-Ecole d'économie de Paris (Postprint) halshs-01109063, HAL.
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