EconPapers    
Economics at your fingertips  
 

Inequality and Happiness

Claudia Biancotti () and Giovanni D'Alessio ()

No 45-2007, AICCON Working Papers from Associazione Italiana per la Cultura della Cooperazione e del Non Profit

Abstract: This paper examines the relationship between inequality and happiness through the lens of heterogeneous values, beliefs and inclinations. Drawing upon opinion data from the European Social Survey for twenty-three countries, we found that individual views on a wide range of themes can be effectively summarized by two orthogonal dimensions: moderation and inclusiveness. The former is defined as a tendency to take mild stands on issues rather than extreme ones; the latter is defined as the degree of support for a social model that grants equal rights and opportunities to everyone who willingly subscribes to a shared set of rules, regardless of background and circumstances. These traits matter when it comes to how inequality affects subjective well-being; specifically, those who are either more moderate or more inclusive than their average compatriot tend to dislike inequality. With reference to moderation, inequality aversion can be read in terms of a desire for stability: people who are reluctant to take strong stands probably dislike conflict, tension and unrest, which normally accompany inequalities. With ref- erence to inclusiveness, the main element at play is likely to be distress accruing to a perception of unfairness.

Keywords: Happiness; inequality; heterogeneity (search for similar items in EconPapers)
JEL-codes: D31 D63 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2007-09-18
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.aiccon.it/file/convdoc/Inequality.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.aiccon.it/file/convdoc/Inequality.pdf [301 Moved Permanently]--> https://www.aiccon.it/file/convdoc/Inequality.pdf)

Related works:
Working Paper: Inequality and Happiness (2007) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:aiccon:2007_045

Access Statistics for this paper

More papers in AICCON Working Papers from Associazione Italiana per la Cultura della Cooperazione e del Non Profit Contact information at EDIRC.
Bibliographic data for series maintained by Paolo Venturi ().

 
Page updated 2020-11-23
Handle: RePEc:ris:aiccon:2007_045