The rise in inequality and poverty is one of the most important economicand social issues in recent times. But in contrast to the literature onindividual earnings inequality, there has been little work modelling (asopposed to documenting) household income dynamics. This is largelybecause of the...

We test empirically whether people’s life satisfaction depends on their relative income position in the neighbourhood, drawing on a unique dataset, the German Socio-economic Panel Study (SOEP) matched with micro-marketing indicators of population characteristics. Relative deprivation theory...

We test empirically whether people?s life satisfaction depends on their relative income position in the neighbourhood, drawing on a unique dataset, the German Socio-economic Panel Study (SOEP) matched with micro-marketing indicators of population characteristics. Relative deprivation theory...