NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Leonard Goff

Department of Economics
Columbia University
420 W. 118th Street, MC 3308
New York, NY 10027

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Institutional Affiliation: Columbia University

NBER Working Papers and Publications

January 2016Inequality of Subjective Well-Being as a Comprehensive Measure of Inequality
with John F. Helliwell, Guy Mayraz: w21900
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies among individuals. Its correlation with both happiness levels and social trust is substantially stronger than the corresponding correlation for income inequality. This remains so after allowing for bounded scale reporting, including a purely ordinal measure of dispersion. Moreover, the correlation is stronger for individuals who profess to care most about inequality. The link between happiness and inequality may thus be stronger than previously appreciated.

Published: Goff, L. , Helliwell, J. F. and Mayraz, G. (2018), INEQUALITY OF SUBJECTIVE WELL‐BEING AS A COMPREHENSIVE MEASURE OF INEQUALITY. Econ Inq, 56: 2177-2194. doi:10.1111/ecin.12582

 
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