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This paper challenges the common assumption made by economists to date that income comparisons are similarly important in different segments of the subjective well-being (SWB) distribution. The results, based on the 2000-2007 waves of the German SOEP and on a Generalized Ordered Probit for panel...
Persistent link: https://www.econbiz.de/10009545254
We show that personality traits mediate the effect of income on Life Satisfaction. The effect is strong in the case of … results, we present a simple model where we assume that (i) Life Satisfaction is dependent from the gap between aspired and … that the gap between aspired and realized income increase with aspirations. From the estimation of this model we argue that …
Persistent link: https://www.econbiz.de/10009557653
Persistent link: https://www.econbiz.de/10010510184
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB...
Persistent link: https://www.econbiz.de/10011344536
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB...
Persistent link: https://www.econbiz.de/10011346880
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB...
Persistent link: https://www.econbiz.de/10011347274
sensitive to simple parameter changes. Using large-scale panel data from Germany and the UK, I report cases where plausible … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …
Persistent link: https://www.econbiz.de/10009747812
Answers to the Eurobarometer question on Life Satisfaction are used to explore the effects of macroeconomic performance … between 2004 and 2011. It is found that variations in national levels of life satisfaction can largely be accounted by a small … number of socio-economic indicators. Life satisfaction is lowest in poor, corrupt countries where income inequality is …
Persistent link: https://www.econbiz.de/10009733107
inequality observed in Germany between 1992 and 2007, using the German Socio-Economic Panel (GSOEP) database, deriving the …
Persistent link: https://www.econbiz.de/10009696942
sensitive to simple parameter changes. Using large-scale panel data from Germany and the UK, I report cases where plausible … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank … Deutschland und Großbritannien zeige ich Fälle, in denen plausible Veränderungen der zugrundeliegenden Einkommensart …
Persistent link: https://www.econbiz.de/10009759751