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Inequality of Happiness: Evidence of the Compression of the Subjective-Wellbeing Distribution with Economic Growth

In: Inequality and Growth: Patterns and Policy

Author

Listed:
  • John Ifcher

    (Santa Clara University)

  • Homa Zarghamee

    (Columbia University)

Abstract

The use of Subjective Wellbeing (SWB) measures in economics research has grown markedly (Kahneman and Krueger 2006). This has come about for at least two reasons. First, the measures have been systematically validated as reliable for examining a range of questions. Second, economists have long relied on income as a proxy for wellbeing. However, research shows that there are potentially large slippages between economic indicators and wellbeing (Diener and Seligman 2004). Thus, SWB measures have become an important alternative proxy for wellbeing. Indeed, SWB measures have also caught the attention of policy makers. The OECD launched the Better Life Index in 2011 as an alternative wellbeing measure; and the former French President Nicolas Sarkozy formed the Stiglitz Commission in 2008 to identify the limits of gross domestic product (GDP) as a measure of wellbeing and to identify alternative measures (Stiglitz, Sen, and Fitoussi 2010).

Suggested Citation

  • John Ifcher & Homa Zarghamee, 2016. "Inequality of Happiness: Evidence of the Compression of the Subjective-Wellbeing Distribution with Economic Growth," International Economic Association Series, in: Kaushik Basu & Joseph E. Stiglitz (ed.), Inequality and Growth: Patterns and Policy, chapter 8, pages 225-249, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-137-55454-3_8
    DOI: 10.1057/9781137554543_8
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    Citations

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    Cited by:

    1. Jidong Yang & Kai Liu & Yiran Zhang, 2019. "Happiness Inequality in China," Journal of Happiness Studies, Springer, vol. 20(8), pages 2747-2771, December.
    2. Philip S. Morrison, 2021. "Whose Happiness in Which Cities? A Quantile Approach," Sustainability, MDPI, vol. 13(20), pages 1-20, October.
    3. Pascarn R. Dickinson & Philip S. Morrison, 2022. "Aversion to Local Wellbeing Inequality is Moderated by Social Engagement and Sense of Community," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(3), pages 907-926, February.

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