This is the first article that uses panel data to investigate the impact of individuals' self‐perceived relative income on life satisfaction. Analyses show that the self‐perceived relative income has a significant impact on life satisfaction, but the impact is asymmetric. The decline in life...

In this paper the Markov model has been used to analyze poverty dynamics in Benin. Assuming that the observed successive changes in well-being classes at the household level could be considered as a Markov chain, the first-step-analysis method is used to derive several indicators to measure the...

Motivated by the lack of literature linking actual to perceived relative deprivation, this paper assesses the role of visibility in the deprivation of goods and assets vis-à-vis income behind perceptions of relative deprivation. We rely on household survey data that includes unique information...

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...

Programs to reduce inequalities between countries and between individuals have raised conscience of the issue of poverty and fostered the implementation of measurement and analytical techniques. In Burkina Faso, poverty reduction strategies remain primarily driven by studies of its monetary...

Based on their objective economic situation and comparing with their peers, individuals form perceptions of their economic position in a society. Data from the three waves of the Life in Transition surveys of European countries show that these perceptions systematically deviate from the rankings...

Les programmes de réduction des inégalités entre les pays et entre individus ont suscité le réveil des consciences sur la problématique de la pauvreté et favorisé la mise en œuvre de techniques de mesure et d’analyse. Au Burkina Faso, les stratégies de réduction de la pauvreté...

Dans ce papier, le modèle markovien a été utilisé pour analyser la dynamique de la pauvreté au Bénin. En supposant que les changements d’états de bien-être observés au niveau d’un ménage se présentent comme une chaîne de Markov, la méthode de « first-step-analysis » a été...

En las ultimas décadas, los paises de America Latina experimentaron una reduccion en el numero de hijos promedio por hogar, lo cual no se dio en forma uniforme a lo largo de la distribucion del ingreso. Este trabajo busca cuantificar el impacto distributivo de los cambios en las decisiones de...

Motivated by the lack of literature linking actual to perceived relative deprivation, this paper assesses the role of visibility in the deprivation of goods and assets vis-à-vis income behind perceptions of relative deprivation. We rely on household survey data that includes unique information...