The Effect of Inequality on Satisfaction
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This paper seeks to find a relationship between satisfaction and inequality. By performing a cross country analysis on 112 countries this paper found a statistically significant positive relationship. Most past studies show that there is no discernable relationship in developed countries and there is some relationship in developing nations. However, this paper found no studies that attempted to perform an analysis across all types of countries. The analysis included looking at both economic and social variables and found varying degrees of significance among them. Future studies could look at increasing the sample size, using other measures of inequality and adding new explanatory variables.