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Using data from the German Socio-Economic Panel Study (GSOEP), it is shown that income comparison with persons who are better off has a clear impact on the job satisfaction of West German full-time employees. Two contrary effects can be identified. On the one hand, there is an aversion to...
Persistent link: https://www.econbiz.de/10012780272
This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using … distribution of income has become more concentrated at the top, the concentration at the top of the multidimensional well … multidimensional wellbeing at the top which has important policy implications …
Persistent link: https://www.econbiz.de/10013117616
This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used … a common framework. We illustrate this by analyzing the role of income and wealth as dimensions of multidimensional well …
Persistent link: https://www.econbiz.de/10013120839
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/10013155599
Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper … considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in … addition to income, as dimensions of multidimensional well-being in Germany. Our analysis shows that more than half of the …
Persistent link: https://www.econbiz.de/10013146473
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/10013148080
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/10013054599
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/10013316674
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of … rankings differs with respect to the measures of multidimensional affluence considered …
Persistent link: https://www.econbiz.de/10013016356
determinants of household income and consumption levels and inequalities. Unconditional as well as conditional stochastic dominance … first- and second-order dominance in distribution of income and consumption. The results provide a detailed and up …-to-date picture of inequality and poverty by subgroup in South Korea which helps targeting particularly vulnerable groups. Overall …
Persistent link: https://www.econbiz.de/10013061940