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attitudes towards the income distribution in a society: the normative and the comparative view. The first can be thought of as …We review the survey and experimental findings in the literature on attitudes to income inequality. We interpret the … the individual's disinterested evaluation of income inequality; on the contrary, the second view reflects self …
Persistent link: https://www.econbiz.de/10010350420
While there is now something of a consensus in the literature on the economics of happiness that income comparisons to … others help determine subjective wellbeing, debate continues over the relative importance of own and reference-group income … regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from …
Persistent link: https://www.econbiz.de/10011295515
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life satisfaction falls with both the incidence and intensity of...
Persistent link: https://www.econbiz.de/10010440553