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May Growth Lead to Higher Deprivation Despite Higher Satisfaction?

In a relative deprivation framework, unless inequality is reduced, growth is associated with both higher satisfaction and higher deprivation. This may help explain the discontent with growth despite its benefits. As is well known in the literatur...

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Bibliographic Details
Main Authors:	Wodon, Quentin, Yitzhaki, Shlomo
Language:	English
Published:	2012
Subjects:	ABSOLUTE AMOUNT AMOUNT OF INCOME COMMODITIES COMMODITY CONSUMER CONSUMER BEHAVIOR DECREASING FUNCTION DIMINISHING MARGINAL UTILITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INEQUALITY ECONOMIC MODELS ECONOMIC PERFORMANCE ECONOMIC RESEARCH ECONOMIC REVIEW ECONOMIC THEORY EMPIRICAL EVIDENCE EMPIRICAL RESEARCH GDP GDP PER CAPITA GENERAL EQUILIBRIUM GINI COEFFICIENT GINI INDEX GROWTH PROCESS IMPERFECT COMPETITION IMPERFECT INFORMATION INCOME INCOME DISTRIBUTION INCOME INEQUALITY INCOMES INCREASING FUNCTION INEQUALITY INDEX INEQUALITY MEASURE INEQUALITY MEASURES LABOUR LORENZ CURVE MARGINAL COST MARGINAL UTILITY MARKET ECONOMY MEAN INCOME MORTALITY MOTIVATION PER CAPITA INCOME POLICY RESEARCH PUBLIC ECONOMICS PUBLIC POLICY RELATIVE INCOME SOCIAL WELFARE UTILITY FUNCTION VALUATION WAGE WELL-BEING WORTH
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090429155103 http://hdl.handle.net/10986/4111