Income Inequality and Happiness

@article{Oishi2011IncomeIA,
  title={Income Inequality and Happiness},
  author={S. Oishi and Selin Kesebir and E. Diener},
  journal={Psychological Science},
  year={2011},
  volume={22},
  pages={1095 - 1100}
}
  • S. Oishi, Selin Kesebir, E. Diener
  • Published 2011
  • Psychology, Medicine
  • Psychological Science
  • Using General Social Survey data from 1972 to 2008, we found that Americans were on average happier in the years with less national income inequality than in the years with more national income inequality. We further demonstrated that this inverse relation between income inequality and happiness was explained by perceived fairness and general trust. That is, Americans trusted other people less and perceived other people to be less fair in the years with more national income inequality than in… CONTINUE READING

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