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Our paper provides some novel evidence on the burgeoning literature on life satisfaction and relative comparisons by … showing that in the last 30 years comparisons with the wellbeing of top income countries have generated progressively more … which distant countries become progressively closer and comparisons among them more intense and relevant. Our findings may …
Persistent link: https://www.econbiz.de/10008789861
Our paper provides some novel evidence on the burgeoning literature on life satisfaction and relative comparisons by … showing that in the last 30 years comparisons with the wellbeing of top income countries have generated progressively more … which distant countries become progressively closer and comparisons among them more intense and relevant. Our findings may …
Persistent link: https://www.econbiz.de/10008852773
Our paper provides novel evidence on the burgeoning literature on life satisfaction and relative comparisons by showing … that in the last 30 years comparisons with the well being of top income neighboring countries have generated negative …
Persistent link: https://www.econbiz.de/10010682449
richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a …
Persistent link: https://www.econbiz.de/10011902869
Despite rising popularity of subjective well-being (SWB) as a proxy for utility, its relationship with income is still unresolved. Against the background of debates around the 'Easterlin paradox', this paper seeks a compromise between two positions: one that insists on individual relative...
Persistent link: https://www.econbiz.de/10011774470
Despite rising popularity of subjective well-being (SWB) as a proxy for utility, its relationship with income is still unresolved. Against the background of debates around the ‘Easterlin paradox’, this paper seeks a compromise between two positions: one that insists on individual relative...
Persistent link: https://www.econbiz.de/10011869166
variable. We also use the Panel to compare the effect of income comparisons and of adaptation as factors explaining the stable … level of life-satisfaction: income comparisons emerge as much the more important. 3) When in our U.S. analysis we introduce … - further supporting the view that comparisons matter. 4) Finally, for a panel of European countries since 1973 we estimate the …
Persistent link: https://www.econbiz.de/10005256480
variable. We also use the Panel to compare the effect of income comparisons and of adaptation as factors explaining the stable … level of life-satisfaction: income comparisons emerge as much the more important. 3) When in our U.S. analysis we introduce … – further supporting the view that comparisons matter. 4) Finally, for a panel of European countries since 1973 we estimate the …
Persistent link: https://www.econbiz.de/10011071479
Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10011372528
greater material interests, whereas the negative effect of income comparisons on well-being is eliminated for individuals …
Persistent link: https://www.econbiz.de/10011454490