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Unemployment as a Social Norm in Germany
Clark, Andrew E.; Knabe, Andreas; Rätzel, Steffen - 2008
regional unemployment rates. While employed men suffer from regional unemployment, unemployed men are significantly less … negatively affected. This is consistent with a social-norm effect of unemployment in Germany. We find no evidence of such an …
Persistent link: https://www.econbiz.de/10011600777
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Happiness, habits and high rank: Comparisons in economic and social life
Clark, Andrew E. - 2012
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010286974