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Happiness Inequality in Latin America and the Caribbean

  • Néstor GandelmanEmail author
Part of the International Handbooks of Quality-of-Life book series (IHQL)

Abstract

Using the Gallup World Poll for 2006, in this chapter we compute measures of inequality of income, happiness and various simulated utility levels for twenty three Latin American countries. We find that happiness inequality is about half that of income inequality. We also find that for the most plausible parameters of the utility function, income inequality can explain a sizeable portion (more than three quarters in the best case) of happiness inequality but not all of it. The unexplained happiness inequality must be attributed to non-pecuniary dimensions of life.

Keywords

Happiness inequality Income inequality Utility functions Gini 

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Copyright information

© Springer Science+Business Media Dordrecht 2016

Authors and Affiliations

  1. 1.Department of EconomicsUniversidad ORT UruguayMontevideoUruguay

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