Well-being Inequality in the Long Run

Leandro Prados de la Escosura (leandro.prados.delaescosura@uc3m.es)

No 12920, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper provides a long-run view of well-being inequality at world scale based on a new historical dataset. Trends in social dimensions alter the view on inequality derived from per capita GDP. While in terms of income, inequality increased until the third quarter of the twentieth century; in terms of well-being, inequality fell steadily since World War I. The spread of mass primary education and the health transitions were its main drivers. The gap between the West and the Rest explains only partially the evolution of well-being inequality, as the dispersion within the developing regions has increasingly determined its evolution.

Keywords: Well-being; Inequality; Life expectancy; Health transition; Education; Per capita gdp (search for similar items in EconPapers)
JEL-codes: I00 N30 O15 O50 (search for similar items in EconPapers)
Date: 2018-05
New Economics Papers: this item is included in nep-gro, nep-hap, nep-hea and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Working Paper: Well-being Inequality in the Long Run (2018)
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