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Who Compares to Whom? The Anatomy of Income Comparisons in Europe
Clark, Andrew - 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/10013155578
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Effort and Comparison Income : Experimental and Survey Evidence
Clark, Andrew; Masclet, David; Villeval, Marie Claire - 2021
This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift-exchange game with ISSP survey data. We find a consistent negative effect of others' incomes on individual effort in both datasets. The individual's rank in the income...
Persistent link: https://www.econbiz.de/10013317559
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Adaptation to Poverty in Long-Run Panel Data
Clark, Andrew - 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/10013042992