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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 … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …
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 … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …
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 … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …
Persistent link: https://www.econbiz.de/10011347274
happiness. In other words, the influence of the income of a reference group on individual well-being is examined. The main … that the income of the reference group is about as important as own income for individual happiness, that individuals are …This paper presents an empirical analysis of the importance of 'comparison income' for individual well-being or …
Persistent link: https://www.econbiz.de/10011326410
income. The model is estimated using a large German panel data set. …
Persistent link: https://www.econbiz.de/10011326415
Persistent link: https://www.econbiz.de/10010226749
Subjective well-being (SWB) is generally argued to rise with relative income. However, direct evidence is scarce on … whether and how intensively individuals undertake income comparisons, to whom they relate, and what they perceive their … relative income to be. In this paper, novel data with direct information on income comparison intensity and perceived relative …
Persistent link: https://www.econbiz.de/10010342250