This paper explores the role of within group social comparisons on the life satisfaction of different racial and ethnic groups in the U.S. For Whites, we find that higher group income levels are associated with lower levels of life satisfaction, a result that is consistent with a preference for...

This paper investigates the relationship between income satisfaction of adult children and their relative economic status, using data from the German Socio-Economic Panel and income rank as an indicator of status. The results show that children appear to compare their actual economic status with...