The impact of an economic boom on the level and distribution of well-being : Ireland, 1994-2001
|Title:||The impact of an economic boom on the level and distribution of well-being : Ireland, 1994-2001||Authors:||Madden, David (David Patrick)||Permanent link:||http://hdl.handle.net/10197/2650||Date:||May-2010||Abstract:||The impact of increased affluence on life satisfaction is a matter of some controversy. This paper examines the impact of the recent economic boom in Ireland upon the level and distribution of various domains of well-being. There is evidence of a substantial increase in life satisfaction in the domain of finance and of an improvement in mental wellbeing. There is a reduction in inequality and polarisation for virtually all domains of life satisfaction. A social welfare function which is increasing and concave in individual well-being would show an improvement in social welfare over the period.||Funding Details:||Not applicable||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Keywords:||Subjective well-being; Ordinal inequality; Polarisation; Social welfare||Subject LCSH:||Well-being--Economic aspects--Ireland
|Other versions:||http://www.ucd.ie/t4cms/wp10_15.pdf||Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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