caa a22 4500 467889317 CHVBK 20180406152744.0 cr unu---uuuuu 170328e20060401xx s 000 0 eng 10.1007/s10888-005-9009-1 doi (NATIONALLICENCE)springer-10.1007/s10888-005-9009-1 Inequality and happiness: Insights from Latin America [Elektronische Daten] [Carol Graham, Andrew Felton] Inequality is a contentious topic in economics, and its effect on individual welfare remains an open question. We address this question from the perspective of a novel approach in economics - the study of happiness. In this discussion, we draw from our research on the topic, which is based on new empirical evidence from Latin America. We find several differences from studies conducted in the United States and Europe, especially regarding the role of perceptions of mobility and status. We find that inequality has negative effects on happiness in Latin America, where it seems to be a signal of persistent unfairness. Our research also examines the effects of several variables, including wealth, status, and reference group size, on the link between inequality and happiness, with the presumption that these variables can help us identify the channels through which inequality operates as a signaling mechanism. Springer Science+Business Media, Inc., 2005 happiness nationallicence inequality nationallicence Latin America nationallicence subjective well-being nationallicence Graham Carol Economic Studies Program, The Brookings Institution, 1775 Massachusetts Ave. NW, 20036, Washington, DC, USA aut Felton Andrew Economic Studies Program, The Brookings Institution, 1775 Massachusetts Ave. NW, 20036, Washington, DC, USA aut The Journal of Economic Inequality Springer US; http://www.springer-ny.com 4/1(2006-04-01), 107-122 1569-1721 4:1<107 2006 4 10888 https://doi.org/10.1007/s10888-005-9009-1 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10888-005-9009-1 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Graham Carol Economic Studies Program, The Brookings Institution, 1775 Massachusetts Ave. NW, 20036, Washington, DC, USA aut NATIONALLICENCE 700 1- Felton Andrew Economic Studies Program, The Brookings Institution, 1775 Massachusetts Ave. NW, 20036, Washington, DC, USA aut NATIONALLICENCE 773 0- The Journal of Economic Inequality Springer US; http://www.springer-ny.com 4/1(2006-04-01), 107-122 1569-1721 4:1<107 2006 4 10888 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer