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- Inequality increases the salience of income discrepancy across people and drives socioeconomic comparisons as a result (Cheung & Lucas, 2016; Payne et al., 2017).
onlinelibrary.wiley.com/doi/10.1002/bdm.2308Looking up or down on the social ladder: How socioeconomic ...
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In this article, we’ll explore 13 of the most significant ways inequality affects society: #1. Gender. Inequality has a significant effect on how people of different genders get treated. According to UNICEF, discrimination can start as soon as girls go through puberty.
Feb 5, 2021 · Therefore, social comparison matters where inequality persists: One’s comparison with all similar others’ in the income distribution in a social environment determines the effect of one’s income on happiness, with the comparison target being the same gender-ethnic group.
- Tim Futing Liao
- 2021
The results show that age 50 is the breakpoint of social comparison; before the family head reaches 50, the downward wealth inequality slightly increases happiness; however, after the family head reaches 50, people neglect the downward wealth inequality and focus more on the upward wealth inequality with increasing age.
Feb 28, 2019 · In the first, income inequality may lower an individual’s perception of his/her social status (i.e. the individual sees him/herself as lower in the social hierarchy) by providing referential standards for social comparison; this, in turn, may reduce his or her subjective well-being.
- Simone M Schneider
- 2019
Jan 12, 2022 · This article contributes by taking stock and providing an up-to-date overview of the current knowledge on the impact of income inequality, specifically on three important outcomes: (1) economic growth; (2) human development, with a focus on health and education as two of its dimensions; and (3) governance, with emphasis on democracy.
Dec 11, 2021 · Economic inequality has been found to have pernicious effects, reducing mental and physical health, decreasing societal cohesion, and fueling support for nativist parties and illiberal autocratic leaders.
Sep 6, 2023 · Our findings demonstrate that low subjective socioeconomic status at the individual level, and income inequality at the national level, are associated with higher levels of moral identity, higher...