Nº 216 (September, 2017). Pablo Gluzmann & Leonardo Gasparini
“International Inequality in Subjective Well-Being: An exploration with the Gallup World Poll”.
In this paper we compute inequality measures over the distribution of a subjective well-being variable constructed from a life satisfaction question included in the Gallup World Poll in almost all countries in the world. We argue that inequality in subjective well-being may be a better proxy for the degree of unfairness in a society than income inequality. We find evidence that inequality in subjective well-being has an inverse-U relationship with per capita GDP, but it is monotonically decreasing with respect to mean subjective well-being. We argue that this difference might be associated to inequality aversion in the space of utility.
Code JEL: I31, D31, D39, D63
Published as Gluzmann, P. and Gasparini, L. (2017). “International Inequality in Subjective Well-Being: An exploration with the Gallup World Poll”. Review of Development Economics 2017; 00:1-22.