Arbeitspapier
Are more equal societies happier? Subjective well-being, income inequality, and redistribution
Using four waves of the European Social Survey, we analyze the association of income inequality and redistribution with subjective well-being. Our results provide evidence that people in Europe are negatively affected by income inequality, while reduction of inequality has a positive effect on well-being. Since we simultaneously estimate the effects of inequality and its reduction, our results indicate that not only the perceived income inequality what influences subjective well-being, but also the process, the extent of redistribution, what lead to that state. These impacts are different in Eastern and Western Europe. Inequality aversion and the positive effect of redistribution seem to be stronger also for less affluent members of the societies and left-wing oriented individuals.
- Sprache
-
Englisch
- ISBN
-
978-615-5243-76-9
- Erschienen in
-
Series: IEHAS Discussion Papers ; No. MT-DP - 2013/20
Klassifikation
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
General Welfare; Well-Being
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
General Welfare; Well-Being
Thema
subjective well-being
satisfaction
income inequality
redistribution
satisfaction
income inequality
redistribution
Ereignis
Geistige Schöpfung
(wer)
Hajdu, Tamás
Hajdu, Gábor
Hajdu, Gábor
Ereignis
Veröffentlichung
(wer)
Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
(wo)
Budapest
(wann)
2013
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Hajdu, Tamás
- Hajdu, Gábor
- Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
Entstanden
- 2013
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