For economic inequality, see Economic inequality. For causes of economic inequality, see Causes of economic inequality.
Buildings in Rio de Janeiro, demonstrating economic inequality
Effects of income inequality, researchers have found, include higher rates of health and social problems, and lower rates of social goods,[1] a lower population-wide satisfaction and happiness[2][3] and even a lower level of economic growth when human capital is neglected for high-end consumption.[4] For the top 21 industrialised countries, counting each person equally, life expectancy is lower in more unequal countries (r = -.907).[5] A similar relationship exists among US states (r = -.620).[6]
2013 Economics Nobel prize winner Robert J. Shiller said that rising inequality in the United States and elsewhere is the most important problem.[7]
^Cite error: The named reference pickett.p5 was invoked but never defined (see the help page).
^"Happiness: Has Social Science A Clue?" Richard Layard Archived June 3, 2013, at the Wayback Machine 2003
^Blanchard and Oswald 2000, 2003
^Cite error: The named reference more was invoked but never defined (see the help page).
^De Vogli, R. (2005). "Has the relation between income inequality and life expectancy disappeared? Evidence from Italy and top industrialised countries". Journal of Epidemiology & Community Health. 59 (2): 158–62. doi:10.1136/jech.2004.020651. PMC 1733006. PMID 15650149.
^Kaplan, G. A; Pamuk, E. R; Lynch, J. W; Cohen, R. D; Balfour, J. L (1996). "Inequality in income and mortality in the United States: Analysis of mortality and potential pathways". BMJ. 312 (7037): 999–1003. doi:10.1136/bmj.312.7037.999. PMC 2350835. PMID 8616393.
^Christoffersen, John (October 14, 2013). "Rising inequality 'most important problem,' says Nobel-winning economist". St. Louis Post-Dispatch. Retrieved October 19, 2013.
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