Inequality and happiness: when perceived social mobility and economic reality do not match

In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under uncertainty, we...

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Bibliographic Details
Other Authors: Bjørnskov, Christian (Other) , Dreher, Axel (Other) , Fischer, Justina A. V. (Other) , Schnellenbach, Jan (Other)
Format: Book/Monograph Working Paper
Language:English
Published: Munich Univ., Center for Economic Studies 2010
Series:CESifo working paper series Public finance 3216
In: CESifo working papers (3216)

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Author Notes:Christian Bjørnskov, Axel Dreher, Justina A.V. Fischer, Jan Schnellenbach