Arbeitspapier

Top Incomes and Human Well-being Around the World

The share of income held by the top 1 percent in many countries around the world has been rising persistently over the last 30 years. But we continue to know little about how the rising top income shares affect human well-being. This study combines the latest data to examine the relationship between top income share and different dimensions of subjective well-being. We find top income shares to be significantly correlated with lower life evaluation and higher levels of negative emotional well-being, but not positive emotional well-being. The results are robust to household income, individual's socio-economic status, and macroeconomic environment controls.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 9677

Classification
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Subject
top income
life evaluation
well-being
income inequality
World Top Income Database
Gallup World Poll

Event
Geistige Schöpfung
(who)
Burkhauser, Richard V.
De Neve, Jan-Emmanuel
Powdthavee, Nattavudh
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2016

Handle
Last update
20.09.2024, 8:22 AM CEST

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Burkhauser, Richard V.
  • De Neve, Jan-Emmanuel
  • Powdthavee, Nattavudh
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2016

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