Arbeitspapier

The Relationship between Subjective Wellbeing and Subjective Wellbeing Inequality: Taking Ordinality and Skewness Seriously

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 appropriate for ordinal data, our analysis using the World Values Survey reveals that skewness of the SWL distribution, not only inequality, matters for individual SWL outcomes; so too does whether we look upwards or downwards at the (skewed) distribution. Our results are consistent with there being negative (positive) externalities for an individual's SWL from seeing people who are low (high) in the SWL distribution.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 13692

Klassifikation
Wirtschaft
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
General Welfare; Well-Being
Thema
subjective wellbeing
ordinal data
inequality
skewness
WVS

Ereignis
Geistige Schöpfung
(wer)
Grimes, Arthur
Jenkins, Stephen P.
Tranquilli, Florencia
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2020

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Grimes, Arthur
  • Jenkins, Stephen P.
  • Tranquilli, Florencia
  • Institute of Labor Economics (IZA)

Entstanden

  • 2020

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