Skip to main content

Income growth, redistribution, and subjective well-being in Taiwan – a simulation study

Buy Article:

$47.50 plus tax (Refund Policy)

This study simulates different income growth and income distribution scenarios in Taiwan in 2001, and examines how social happiness and people's happiness at different income levels change. Without taking downward comparison into consideration, the simulation supports income redistribution in favour of the poor. When the downward comparison is taken into consideration, the simulation does not support any kind of income redistribution. The present study investigates the relationship between income inequality and subjective well-being, and shows that a change in the Gini index can be interpreted in terms of a shift in revealed subjective well-being.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Keywords: A14; D63; growth; happiness; income distribution; relative income; subjective well-being

Document Type: Research Article

Affiliations: 1: Department of Economics,Soochow University, 56, Kuei-Yang St., Sec. 1Taipei 100, Taiwan 2: Department of Economics,Tsing Hua University, Taiwan

Publication date: 2013-02-01

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more