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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/10011347274
satisfaction with life to the same extent as a change in health satisfaction would do. In other words, the income equivalent of … estimate the income equivalent for these diseases. This method uses answers to well-being and health satisfaction questions as … health status. The paper presents estimates of the equivalent income change that would be necessary to change general …
Persistent link: https://www.econbiz.de/10011326414
variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10009747812
their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that … only income relative to others was related to well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …
Persistent link: https://www.econbiz.de/10009690734
Persistent link: https://www.econbiz.de/10009702972
Persistent link: https://www.econbiz.de/10009622634
Persistent link: https://www.econbiz.de/10009713944
variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10009759751
Persistent link: https://www.econbiz.de/10010236101
Persistent link: https://www.econbiz.de/10010240892