This paper presents detailed evidence about who compares to whom in terms of relative income. We rely on representative survey data on the importance of income comparisons vis-a-vis seven reference groups, allowing us to exploit within-subject heterogeneity. We explore the prevalence and...

Der Beitrag untersucht, welche Faktoren dazu führen, dass deutsche Männer Frauen aus dem ökonomisch schwächeren Ausland heiraten. Aus allgemeinen Partnerwahltheorien (Austauschtheorie, ökonomische Theorie der Familie) werden zwei Hypothesen abgeleitet. 1. Geringe physische und soziale...

This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...