Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/94203
Authors: 
Clark, Andrew E.
Fléche, Sarah
Senik, Claudia
Year of Publication: 
2014
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research 633
Abstract: 
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has dropped in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the very unhappy and the perfectly happy. The extension of public amenities has certainly contributed to this greater happiness homogeneity. This new stylized fact comes as an addition to the Easterlin paradox, offering a somewhat brighter perspective for developing countries.
Subjects: 
happiness
inequality
economic growth
development
Easterlin paradox
JEL: 
D31
D6
I3
O15
Document Type: 
Working Paper

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