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well-being associated with a marginal increase in income is larger for poorer than for richer populations. This hypothesis … that the correlation between income and satisfaction is greater for the lower-income group (the Roma) than for the higher-income … group (majority population). Further, the correlation between income and emotional well-being does not differ between the …
Persistent link: https://www.econbiz.de/10012595931
This paper presents an empirical analysis of the importance of 'comparison income' for individual well-being or … happiness. In other words, the influence of the income of a reference group on individual well-being is examined. The main … novelty is that various hypotheses are tested: importance of own income, relevance of the income of the reference group and of …
Persistent link: https://www.econbiz.de/10011326410
hypothesis, we find that a consumption measure out-performs income in predicting subjective wellbeing. When objective measures of … consumption are combined with self-assessments of a household's standard of living, income becomes insignificant altogether. We …The positive relationship between income and subjective wellbeing has been well documented. However, work assessing the …
Persistent link: https://www.econbiz.de/10012982856
The answer is that people's evaluations of their income situation are based on different considerations when the … of others undercuts the tendency for happiness to grow with an increase in one's own income, and happiness remains fairly … for income evaluations turns inward. "Financial hardship", the shortfall from one's own previous peak income, takes over …
Persistent link: https://www.econbiz.de/10012604148
in wealth, attempting to highlight the paths between the various facets of gender inequality. Throughout the review, much …
Persistent link: https://www.econbiz.de/10014025339
perspective. The measures estimated include consumption expenditure as well as other indicators which are directly (when possible … income alone is used to target the poor, inclusion errors are marginal but exclusion errors are sizeable. Despite Bhutan …
Persistent link: https://www.econbiz.de/10014150103
Persistent link: https://www.econbiz.de/10014472327
millionaire wealth as a proportion of GDP, but with low levels of income inequality. This paper uses databases from the Forbes … inequality of wealth and income distribution has a positive impact on happiness feelings, especially in countries with low levels … of income. Furthermore, wealth inequalities, and especially the degree of concentration of wealth at the very top of the …
Persistent link: https://www.econbiz.de/10012869832
Persistent link: https://www.econbiz.de/10001644962
income position, as well as a negative effect of unemployment. Differing results were found with regard to gender and marital …
Persistent link: https://www.econbiz.de/10014119288