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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/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
income effect differing between richer and poor individuals. The analysis uses a self-reported measure of satisfaction with …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 …
Persistent link: https://www.econbiz.de/10011326410
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
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is … polarization effects of parental child care where compensation/substitution of time for parental child care versus income is … multidimensional polarization intensity information for the poor and the rich and disentangles the single time and income contribution …
Persistent link: https://www.econbiz.de/10011975532
Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is … polarization effects of parental child care where compensation/substitution of time for parental child care versus income is … multidimensional polarization intensity information for the poor and the rich and disentangles the single time and income contribution …
Persistent link: https://www.econbiz.de/10011978752
relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using … happier, experience less stress and anger, and have higher job satisfaction than other employees. Using statistical matching …
Persistent link: https://www.econbiz.de/10010251177
significant effect on SWB. Satisfaction with family life and health have the largest while satisfaction with income has the lowest …'s happiness is more valued by female respondents. Satisfaction with household compared to personal income has a larger effect on …Happiness is strongly associated with goal attainment, productivity, mental health and suicidal risk. This paper …
Persistent link: https://www.econbiz.de/10012520508
investigate how heterogeneity in cultural profiles is associated with overall life satisfaction and relevant domains (health … relationship between cultural participation and overall life satisfaction. Still, a more complex picture arises when considering … all the statistically significant differences in life and domain satisfaction across cultural consumption patterns. These …
Persistent link: https://www.econbiz.de/10012624956