Socioeconomic Inequality in Happiness in the United States

Shiyi Chen and Buhong Zheng

A chapter in Economic Well-Being and Inequality: Papers from the Fifth ECINEQ Meeting, 2014, vol. 22, pp 217-236 from Emerald Group Publishing Limited

Abstract: This paper applies a recently developed method of ranking socioeconomic inequality in health to ranking U.S. happiness from 1994 to 2012 using the GSS data. We also compare happiness between subgroups as decomposed by gender, race, and age. We establish and test a monotone condition of happiness – a richer person is likely to be happier. Under the monotone condition, standard tools of welfare and inequality ranking can be applied straightforwardly.

Keywords: Socioeconomic status; happiness inequality; health inequality; social gradients in health outcomes; income-happiness matrix; Lorenz dominance; D63 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eme:reinzz:s1049-258520140000022006

DOI: 10.1108/S1049-258520140000022006

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