International inequality in subjective wellâ€ being: An exploration with the Gallup World Poll
Pablo Gluzmann () and
Review of Development Economics, 2018, vol. 22, issue 2, 610-631
In this paper we compute inequality measures over the distribution of a subjective wellâ€ being variable constructed from a life satisfaction question included in the Gallup World Poll in almost all countries in the world. We argue that inequality in subjective wellâ€ being may be a better proxy for the degree of unfairness in a society than income inequality. We find evidence that inequality in subjective wellâ€ being has an inverseâ€ U relationship with per capita GDP, but it is monotonically decreasing with respect to mean subjective wellâ€ being. We argue that this difference might be associated to inequality aversion in the space of utility.
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