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Inequality, Well-Being and Happiness in Historical Perspective

Author

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  • Hesse Jan-Otmar

    (Universität Bielefeld, Fakultät für Geschichtswissenschaft, Bielefeld, Deutschland)

  • Spoerer Mark

    (Universität Regensburg, Lehrstuhl für Wirtschafts- und Sozialgeschichte, Regensburg, Deutschland)

Abstract

Happiness research is a comparably new field of economics. Until Richard Easterlin’s seminal contribution published in 1974, most economists believed there to be a clear and positive correlation between the material standard of living and subjective well-being (or happiness). Economic happiness research has found that, although income matters, inequality, other economic and non-economic factors also play an important role in subjective well-being. Although economic happiness research usually requires longitudinal data, there has so far been no cooperation with economic history.

Suggested Citation

  • Hesse Jan-Otmar & Spoerer Mark, 2013. "Inequality, Well-Being and Happiness in Historical Perspective," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 54(1), pages 9-13, June.
    • Handle: RePEc:bpj:jbwige:v:54:y:2013:i:1:p:9-13:n:1
    DOI: 10.1524/jbwg.2013.0001
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