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Life satisfaction and relative income : perceptions and evidence

Mayraz, Guy; Wagner, Gert G.; Schupp, Jürgen - 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/10003895798

Attitudes to income inequality : experimental and survey evidence

Clark, Andrew E.; D'Ambrosio, Conchita - 2014

We review the survey and experimental findings in the literature on attitudes to income inequality. We interpret the latter as any disparity in incomes between individuals. We classify these findings into two broad types of individual attitudes towards the income distribution in a society: the...

Persistent link: https://www.econbiz.de/10010350420

Adaptation to poverty in long-run panel data

Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - 2014

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 contemporaneous poverty. We then reveal that there is little evidence …

Persistent link: https://www.econbiz.de/10010440553

Early-life correlates of later-life well-being : evidence from the Wisconsin longitudinal study

Clark, Andrew E.; Lee, Tom - 2017

We here use data from the Wisconsin Longitudinal Study (WLS) to provide one of the first analyses of the distal (early-life) and proximal (later-life) correlates of older-life subjective well-being. Unusually, we have two distinct measures of the latter: happiness and eudaimonia. Even after...

Persistent link: https://www.econbiz.de/10011760110

COVID-19, lockdowns and well-being : evidence from Google Trends

Brodeur, Abel; Clark, Andrew E.; Fleche, Sarah; … - 2020

The COVID-19 pandemic has led many governments to implement lockdowns. While lockdowns may help to contain the spread of the virus, they may result in substantial damage to population well-being. We use Google Trends data to test whether the lockdowns implemented in Europe and America led to...

Persistent link: https://www.econbiz.de/10012210424

The impact of home production on economic inequality in Germany

Frick, Joachim R.; Grabka, Markus M.; Groh-Samberg, Olaf - 2009

Using representative income and time use-data from the German Socio-Economic Panel (SOEP), we estimate non-monetary income advantages arising from home production and analyse their impact on economic inequality. As an alternative to existing measures, we propose a predicted wage approach based...

Persistent link: https://www.econbiz.de/10003814233

Accounting for imputed and capital income flows in income inequality analyses

Frick, Joachim R.; Grabka, Markus M. - 2009

alternative private investments, our results indicate that they do not coincide in their impacts on income inequality and poverty … inequality and relative poverty, very much driven by the increasing share of outright ownership among the elderly. On the other … consideration of all components of private investment income for the purpose of welfare analysis, be they of a monetary or non …

Persistent link: https://www.econbiz.de/10003926726

Happiness, habits and high rank : comparisons in economic and social life

Clark, Andrew E. - 2011

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/10009408713

Wealth distribution within couples

Grabka, Markus M.; Marcus, Jan; Sierminska, Eva - 2013

While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting...

Persistent link: https://www.econbiz.de/10010195489

Who compares to whom? : the anatomy of income comparisons in Europe

Clark, Andrew E.; Senik-Leygonie, Claudia - 2009

This paper provides unprecedented direct evidence from large-scale survey data on both the intensity (how much?) and direction (to whom?) of income comparisons. Income comparisons are considered to be at least somewhat important by three-quarters of Europeans. They are associated with both lower...

Persistent link: https://www.econbiz.de/10003898065