Format du dépôt |
Fichier |
Type de dépôt |
Pré-publication, Document de travail |
Titre |
en
The Great Happiness Moderation
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Résumé |
en
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that the time trend in average happiness is flat during episodes of long-run income growth. This mean-preserving declining spread in happiness comes about via falls in both the share of individuals who declare low and high levels of happiness. Rising income inequality moderates the fall in happiness inequality, and may even reverse it after some point, for example in the US starting in the 1990s. Hence, if raising the income of all does not raise the happiness of all, it will at least harmonize the happiness of all, providing that income inequality does not grow too much. Behind the veil of ignorance, lower happiness inequality would certainly be considered as attractive by risk-averse individuals.
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Auteur(s)
|
Andrew E. Clark
1, 2, 3
, Sarah Flèche
1, 2
, Claudia Senik
1, 2, 4
1
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
-
Université Paris 1 Panthéon-Sorbonne ( 7550 )
;
-
École normale supérieure - Paris ( 59704 )
;
-
Université Paris Sciences et Lettres ( 564132 )
;
-
École des hautes études en sciences sociales ( 99539 )
;
-
École des Ponts ParisTech ( 301545 )
;
-
Centre National de la Recherche Scientifique ( 441569 )
;
-
Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement ( 577435 )
2
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
-
École normale supérieure - Paris ( 59704 )
;
-
Université Paris Sciences et Lettres ( 564132 )
;
-
Institut National de la Recherche Agronomique USC1336 ( 92114 )
;
-
École des hautes études en sciences sociales ( 99539 )
;
-
École des Ponts ParisTech ( 301545 )
;
-
Centre National de la Recherche Scientifique UMR8545 ( 441569 )
3
IZA -
Institute for the Study of Labor
( 142142 )
- Allemagne
4
UP4 -
Université Paris-Sorbonne
( 123821 )
- 1 rue Victor Cousin - 75005 Paris
- France
|
Langue du document |
Anglais
|
Date de production/écriture |
2012-06
|
Audience |
Non spécifiée
|
Domaine(s) |
-
Sciences de l'Homme et Société/Economies et finances
|
Référence interne |
-
PSE Working Papers n°2012-28
|
Mots-clés (JEL) |
-
D - Microeconomics/D.D3 - Distribution/D.D3.D31 - Personal Income, Wealth, and Their Distributions
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D - Microeconomics/D.D6 - Welfare Economics
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I - Health, Education, and Welfare/I.I3 - Welfare, Well-Being, and Poverty
-
O - Economic Development, Innovation, Technological Change, and Growth/O.O1 - Economic Development/O.O1.O15 - Human Resources • Human Development • Income Distribution • Migration
|
Mots-clés |
en
Happiness, Inequality, Economic growth, Development, Easterlin paradox
fr
Bonheur, Bien-être subjectif, Croissance, Développement, Inégalités, Easterlin
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