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Economic inequality and subjective well-being across the world

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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

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    1. 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.
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    6. D'Ambrosio, Conchita & Rodrigues, Rute Imanishi, 2008. "Deprivation in the São Paulo Districts: Evidence from 2000," World Development, Elsevier, vol. 36(6), pages 1094-1112, June.
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    11. James B. Davies, 2016. "The Gini Coefficient and Personal Inequality Measurement," University of Western Ontario, Departmental Research Report Series 20161, University of Western Ontario, Department of Economics.
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    13. Senik, Claudia, 2004. "When information dominates comparison: Learning from Russian subjective panel data," Journal of Public Economics, Elsevier, vol. 88(9-10), pages 2099-2123, August.
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