Arbeitspapier

Growth, Income Distribution, and Well-Being: Comparisons across Space and Time

We use several well-being measures that combine average income with a measure of inequality to undertake international, intertemporal, and global comparisons of well-being. The conclusions emerging from the analysis are that our well-being measures drastically change our impression of levels of well-being at the national and, more so, at the global level. They also significantly affect the ranking of countries, when compared to rankings based on real incomes. The impact on these measures on temporal trends in well-being is smaller on average, but significant for a number of countries where inequality changed considerably in past decades. These results appear not very sensitive to the data on inequality which this analysis is based upon. However, since the inclusion of inequality has an important impact on wellbeing comparisons and it is of great importance to generate more consistent and intertemporally as well as internationally comparable data on inequality that are necessary for such comparisons.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 837

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Grün, Carola
Klasen, Stephan
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Grün, Carola
  • Klasen, Stephan
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2003

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