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Subjective Well-Being and Relative Deprivation: An Empirical Link
D'Ambrosio, Conchita; Frick, Joachim R. - Institute for the Study of Labor (IZA) - 2004
concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i …-being depending more on relative satisfaction than on absolute levels of income. This finding holds even after controlling for other …
Persistent link: https://www.econbiz.de/10005566591
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Direct Evidence on Income Comparisons and their Welfare Effects
Senik, Claudia - Institute for the Study of Labor (IZA) - 2007
This paper provides unheard direct evidence that comparisons exert a significant effect on subjective well-being. It also evaluates the relative importance of different types of benchmarks. Dynamic comparisons outweigh static ones. Internal benchmarks are more important than external reference...
Persistent link: https://www.econbiz.de/10005761954
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Do Rising Top Incomes Lift All Boats?
Andrews, Dan; Jencks, Christopher; Leigh, Andrew - Institute for the Study of Labor (IZA) - 2010
Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed for between 22 and 85 years. After 1960, however, a one percentage point rise in the top decile's income share is associated with a...
Persistent link: https://www.econbiz.de/10008506067
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Ambition and Jealousy: Income Interactions in the "Old" Europe versus the "New" Europe and the United States
Senik, Claudia - Institute for the Study of Labor (IZA) - 2006
depends on the degree of mobility and uncertainty in the economy. It mostly concentrates on the relation between satisfaction …
Persistent link: https://www.econbiz.de/10005566328
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Life Satisfaction and Relative Income: Perceptions and Evidence
Mayraz, Guy; Wagner, Gert G.; Schupp, Jürgen - Institute for the Study of Labor (IZA) - 2009
Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10005015487
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Multidimensional Affluence: Theory and Applications to Germany and the US
Peichl, Andreas; Pestel, Nico - Institute for the Study of Labor (IZA) - 2011
This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used top income shares, they allow the analysis of the extent, intensity and breadth of affluence in several dimensions within a common framework. We illustrate this by analyzing the...
Persistent link: https://www.econbiz.de/10009283567
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Multidimensional Well-Being at the Top: Evidence for Germany
Peichl, Andreas; Pestel, Nico - Institute for the Study of Labor (IZA) - 2011
This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using … nonmaterial quality of life as well as self-reported satisfaction with life as dimensions. We find that one third of the German …-being distribution has decreased over time. Moreover, health as well as life satisfaction contribute quite substantially to …
Persistent link: https://www.econbiz.de/10009369114
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Are People Inequality Averse, and Do They Prefer Redistribution by the State? A Revised Version
Schwarze, Johannes; Härpfer, Marco - Institute for the Study of Labor (IZA) - 2003
We link life-satisfaction data to inequality of the pre- and post-government income distribution at the regional level …
Persistent link: https://www.econbiz.de/10005822315
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Well-being Inequality and Reference Groups: An Agenda for New Research
Praag, Bernard M. S. van - Institute for the Study of Labor (IZA) - 2010
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10008480917
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Multidimensional Measurement of Richness: Theory and an Application to Germany
Peichl, Andreas; Pestel, Nico - Institute for the Study of Labor (IZA) - 2010
Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper …
Persistent link: https://www.econbiz.de/10008529131