- List of Figures
- List of Tables
- List of Contributors
- Equality: Its Justification, Nature, and Domain
- The Measurement of Economic Inequality
- Income Inequality in Richer and OECD Countries
- Functional Distribution and Inequality
- Wealth and Economic Inequality
- Top Incomes
- Inequality and Earnings Distribution
- Inequality and the Labor Market: Employers
- Inequality and the Labor Market: Unions
- Low Pay
- Gender and Economic Inequality
- Economic Inequality, Poverty, and Social Exclusion
- Inequality and Time Use in the Household
- Inequality and Happiness
- Health and Economic Inequality
- Education and Inequality
- Demographic Transformation and Economic Inequality
- International Migration, Ethnicity, and Economic Inequality
- Intergenerational Income Mobility and the Role of Family Background
- Intragenerational Inequality and Intertemporal Mobility
- Inequality and Economic Growth
- Globalization and Inequality
- Poverty and Inequality: The Global Context
- Economic Inequality and the Welfare State
- The Political Economy of Inequality and Redistribution
- Prospects for Achieving Equality in Market Economies
Abstract and Keywords
This article deals with happiness and inequality. Section 2 gives an explanation of the neo-classical negative attitude towards happiness as an operational concept, differentiating between ordinal and cardinal happiness. Section 3 introduces the happiness economics literature and the so-called Leyden School, which can be viewed as a forerunner of present-day happiness economics. Section 4 concentrates on the effect of income inequality in a given country on the individual's feelings of happiness. Section 5 considers current attempts to characterize the inequality of the distribution of happiness and how that may be decomposed. Section 6 concludes.
Bernard Van Praag is Emeritus University Professor of the University of Amsterdam. Since 1971 he has written numerous articles on subjective well-being, poverty and inequality, labor, pensions, and econometric methodology. Van Praag and Ferrer-i-Carbonell are the authors of the monograph Happiness Quantified (Oxford University Press, 2004, 2008).
Ada Ferrer-i-Carbonell holds a Ph.D. in Economics from the University of Amsterdam. Her main research interest is the use of subjective well-being questions to understand individuals' preferences. She is an ICREA researcher at the IAE-CSIC (Barcelona).
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