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Autor:innen: 
Burkhauser, Richard V.
De Neve, Jan-Emmanuel
Powdthavee, Nattavudh
Datum: 
2016
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 9677
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
The share of income held by the top 1 percent in many countries around the world has been rising persistently over the last 30 years. But we continue to know little about how the rising top income shares affect human well-being. This study combines the latest data to examine the relationship between top income share and different dimensions of subjective well-being. We find top income shares to be significantly correlated with lower life evaluation and higher levels of negative emotional well-being, but not positive emotional well-being. The results are robust to household income, individual's socio-economic status, and macroeconomic environment controls.
Schlagwörter: 
top income
life evaluation
well-being
income inequality
World Top Income Database
Gallup World Poll
JEL: 
D63
I3
Dokumentart: 
Working Paper

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