The Great Recession increased income inequality by an average of 6%. We assesses the impact of that on subjective wellbeing (happiness, life satisfaction). Data: European Quality of Life survey, 25 representative national samples at three time points, over 70,000 respondents. Analysis: variance-components multi-level models controlling for GDP per capita (an essential point) and individual-level predictors. Findings: income inequality has no statistically significant impact before, during, or after the Great Recession. Instead (contrary to much previous research) a straightforward individualistic utilitarian–materialist understanding is supported: money does increase wellbeing but inequality itself—the gap between rich and poor—is irrelevant.
%0 Journal Article
%1 evans2019rising
%A Evans, M.D.R.
%A Kelley, J.
%A Kelley, S.M.C
%D 2019
%J Journal of Happiness Studies
%K 2019 EVS EVS_contra EVS_input2019 EVS_surv FDZ_IUP GS article english jak kbe text unchecked
%N 20
%P 203–228
%R 10.1007/s10902-017-9917-3
%T Rising Income Inequality During the Great Recession Had No Impact on Subjective Wellbeing in Europe, 2003–2012
%U https://doi.org/10.1007/s10902-017-9917-3
%X The Great Recession increased income inequality by an average of 6%. We assesses the impact of that on subjective wellbeing (happiness, life satisfaction). Data: European Quality of Life survey, 25 representative national samples at three time points, over 70,000 respondents. Analysis: variance-components multi-level models controlling for GDP per capita (an essential point) and individual-level predictors. Findings: income inequality has no statistically significant impact before, during, or after the Great Recession. Instead (contrary to much previous research) a straightforward individualistic utilitarian–materialist understanding is supported: money does increase wellbeing but inequality itself—the gap between rich and poor—is irrelevant.
@article{evans2019rising,
abstract = {The Great Recession increased income inequality by an average of 6%. We assesses the impact of that on subjective wellbeing (happiness, life satisfaction). Data: European Quality of Life survey, 25 representative national samples at three time points, over 70,000 respondents. Analysis: variance-components multi-level models controlling for GDP per capita (an essential point) and individual-level predictors. Findings: income inequality has no statistically significant impact before, during, or after the Great Recession. Instead (contrary to much previous research) a straightforward individualistic utilitarian–materialist understanding is supported: money does increase wellbeing but inequality itself—the gap between rich and poor—is irrelevant.},
added-at = {2019-12-18T17:40:31.000+0100},
author = {Evans, M.D.R. and Kelley, J. and Kelley, S.M.C},
biburl = {https://www.bibsonomy.org/bibtex/2428f731656e4cb0bd585991a27052c8c/gesis_forschbib},
description = {study
data-doi
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},
doi = {10.1007/s10902-017-9917-3},
interhash = {b08dde05acf655c1672d6addf6ea30ca},
intrahash = {428f731656e4cb0bd585991a27052c8c},
journal = {Journal of Happiness Studies},
keywords = {2019 EVS EVS_contra EVS_input2019 EVS_surv FDZ_IUP GS article english jak kbe text unchecked},
language = {english},
note = {https://doi.org/10.1007/s10902-017-9917-3. (EVS)},
number = 20,
pages = {203–228},
timestamp = {2019-12-19T09:47:43.000+0100},
title = {Rising Income Inequality During the Great Recession Had No Impact on Subjective Wellbeing in Europe, 2003–2012},
url = {https://doi.org/10.1007/s10902-017-9917-3},
year = 2019
}