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 literature, knowledge of the population's mean incom...

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Bibliographic Details
Main Author: Wodon, Quentin (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C] World Bank 2009
Series:Policy research working paper 4921
Subjects:
Online Access:Volltext
Summary:"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 literature, knowledge of the population's mean income and Lorenz curve is all that is needed to analyze a distribution, so that this can also be used to assess the satisfaction and deprivation of each individual. Given the normalization used to derive the satisfaction and deprivation measures, satisfaction and deprivation add up to the mean income for the population as a whole as well as for each individual. "--World Bank web site
Item Description:Includes bibliographical references. - Title from PDF file as viewed on 5/7/2009
Physical Description:1 Online-Ressource
DOI:10.1596/1813-9450-4921