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Direct evidence for income comparisons and subjective well-being across reference groups
Goerke, Laszlo; Pannenberg, Markus - In: Economics letters 137 (2015), pp. 95-101
Persistent link: https://www.econbiz.de/10011436256
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Direct evidence for income comparisons and subjective well-being across reference groups
Goerke, Laszlo; Pannenberg, Markus - 2015
novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … negative correlations between comparison intensity and SWB for colleagues, people in the same occupation and friends, but not …
Persistent link: https://www.econbiz.de/10011346880
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Social comparisons in oligopsony
Goerke, Laszlo; Neugart, Michael - 2017
A large body of evidence suggests that social comparisons matter for workers' valuation of the wage they receive. The consequences of social comparisons in imperfectly competitive labor markets are less well understood. We analyze an oligopsonistic model of the labor market where workers derive...
Persistent link: https://www.econbiz.de/10011665750