题 目：Inequality and Subjective Wellbeing: Panel Data Evidence from China
张全达，经济学博士，澳大利亚迪肯大学商学院经济学系助理研究员。2012年—2015年，浙江财经大学金融学院攻读金融工程方向硕士学位，在校期间荣获全国研究生数学建模大赛二等奖、研究生学术之星、研究生国家奖学金和浙江省优秀毕业生。2015年—-2018年，澳大利亚皇家墨尔本理工大学（Royal Melbourne Institute of Technology）攻读经济学博士，在校期间获博士全额奖学金、教学成果奖和科研成果奖，发表论文见于SSCI期刊如Journal of Development Studies（发展经济学领域权威期刊，ABS 3星级期刊）、Australian Economic History Review、The B.E. Journal of Macroeconomics、Applied Economics Letters等，研究成果已被世界主流媒体（World Economic Forum和Asia Times等）广泛报道。
Using four waves of longitudinal data from the China Family Panel Studies (CFPS), we examine the effects of income inequality on subjective wellbeing. We take a dual approach to measure inequality, and thus, we examine the effects of inequality measured by province-level Gini coefficient as well as between-group inequality or identity-related inequality defined as the income gap between migrants without urban household registration identity (hukou) and urban residents. Controlling for endogeneity, we find negative effects of both province-level inequality and between-group inequality on life satisfaction. Our results also show that the effects of inequality on subjective wellbeing is stronger for rural hukou residents compared to that of urban hukou residents. These findings are robust to alternative ways of measuring subjective wellbeing and inequality. In addition, we find evidence suggesting that trust is an important channel through which inequality influences subjective wellbeing.