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There is a great deal of coverage on inequality, and the key
determinants of recent trends are increasingly well-documented.
However, much less is known about the driving forces behind
international differences in inequality. The nine contributions
collected in this book set out to examine the fundamental question
of What Drives Inequality? These drivers may be so diverse and
deep-rooted in the cultural, historical, or geographical
characteristics of countries that one can hardly expect
comprehensive models or clear-cut causal inference. Nevertheless,
the research presented in this book unpacks the reasons behind the
wide variations in inequality. Looking across country boundaries,
chapters featured include in-depth insights into inequality in
Europe, India, and the United States. It provides new results on
the impact of public goods and services and on the role of
demographic, labor market and, most importantly, fiscal policy
determinants. It also brings fresh evidence and perspectives on the
measurement of inequality, by examining wealth or broader measures
of well-being, and provides some insights about potential "deeper
drivers" such as individual perceptions, preferences, and beliefs
about inequality and redistribution.
What constitutes a good life? For most people, well-being involves
more than a high income or material prosperity alone. Many
non-material aspects, such as health, family life, living
environment, job quality and the meaningful use of time are at
least as important. Together, these factors also influence the
degree to which people are satisfied with their lives, and help to
determine how happy they feel. This book argues that happiness and
life satisfaction do not form a good basis for measuring
well-being, and proposes an alternative method that not only
considers the various aspects of well-being, but also the fact that
people have their own views on what is important in life. Not
limited just to theory, the book also presents a large-scale,
representative survey involving more than 3000 adults from over
2000 Belgian families, which charted the various aspects of the
individual well-being of Belgians. Focusing on the unequal
distribution of these various aspects of well-being within
families, the survey showed that some Belgians are more likely to
suffer from cumulative deprivation in multiple dimensions. Based on
this innovative study, the book describes which people in society
are worst off - and these are not necessarily only people on low
incomes or those who feel unhappy - and proposes that policymakers
prioritise these individuals.
What constitutes a good life? For most people, well-being involves
more than a high income or material prosperity alone. Many
non-material aspects, such as health, family life, living
environment, job quality and the meaningful use of time are at
least as important. Together, these factors also influence the
degree to which people are satisfied with their lives, and help to
determine how happy they feel. This book argues that happiness and
life satisfaction do not form a good basis for measuring
well-being, and proposes an alternative method that not only
considers the various aspects of well-being, but also the fact that
people have their own views on what is important in life. Not
limited just to theory, the book also presents a large-scale,
representative survey involving more than 3000 adults from over
2000 Belgian families, which charted the various aspects of the
individual well-being of Belgians. Focusing on the unequal
distribution of these various aspects of well-being within
families, the survey showed that some Belgians are more likely to
suffer from cumulative deprivation in multiple dimensions. Based on
this innovative study, the book describes which people in society
are worst off - and these are not necessarily only people on low
incomes or those who feel unhappy - and proposes that policymakers
prioritise these individuals.
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