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  • August 2004
  • Article

Inequality and Happiness: Are Europeans and Americans Different?

By: Rafael Di Tella, Alberto Alesina and Robert MacCulloch
We study the effect of the level of inequality in society on individual well-being using a total of 123,668 answers to a survey question about “happiness”. We find that individuals have a lower tendency to report themselves happy when inequality is high, even after... View Details
Keywords: Equality and Inequality; Happiness; Global Range; Local Range; United States; Europe
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By: Lumumba B. Seegars
Lumumba Seegars explores the reproduction and contestation of intergroup inequality within organizations. View Details
Keywords: Race; Gender; Income
  • Forthcoming
  • Article

Who Values Democracy?

By: Max Miller
This paper examines the conventional view that redistribution is central to the democratization process using data from stock markets. Consistent with this view, democratizations have a large, negative impact on asset valuations driven by a rise in redistribution risk.... View Details
Keywords: Government And Politics; Risk And Uncertainty; Financial Crisis; Macroeconomics; Financial Markets; Valuation
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