Clark, Andrew E.; Kristensen, Nicolai; … - Institute for the Study of Labor (IZA) - 2008
levels when their neighbours are richer. However, individuals are rank-sensitive: conditional on own income and neighbourhood … analysis shows that, conditional on own household
income, respondents report higher satisfaction levels when their neighbours …
satisfaction terms.
JEL Classification: C23, C25, D84, J28, J31, J33
Keywords: satisfaction, neighbours, income …