Reduction of Income Inequality and Subjective Well-Being in Europe

Abstract: Using four waves of the European Social Survey (179,273 individuals from 29 countries) the authors analyze the association of reduction of income inequality by governmental taxes and transfers (redistribution) with subjective well-being. Their results provide evidence that people in Europe are negatively affected by income inequality, whereas reduction of inequality has a positive effect on well-being. Since the authors simultaneously estimate the effects of income inequality and its reduction, their results might indicate that not only the outcome (inequality), but also the procedure (redistribution) that leads to the outcome influences subjective wellbeing. Their results also show that the positive effect of redistribution is stronger for less affluent members of the society and left-wing oriented individuals. While post-government inequality seems to have no significant effect in Western Europe, its impact is negative and highly significant in Eastern Europe.

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch

Bibliographic citation
Reduction of Income Inequality and Subjective Well-Being in Europe ; volume:8 ; number:1 ; year:2014 ; extent:31
Economics / Journal articles. Journal articles ; 8, Heft 1 (2014) (gesamt 31)

Creator
Hajdu, Tamás
Hajdu, Gábor

DOI
10.5018/economics-ejournal.ja.2014-35
URN
urn:nbn:de:101:1-2412130939004.063791300905
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
15.08.2025, 7:25 AM CEST

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