Happiness, Prosperity and Inequality in the 21st Century: The Case of Latin America
Latin American countries are among the happiest countries world-wide despite suffering from vast economic inequality at the same time. Addressing this alleged puzzle, this study analyses the effects of economic prosperity and inequality on happiness in Latin America. Using a pooled dataset of annual surveys from the Latinobarómetro between 2005 and 2018, an advanced three-level model with individu