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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...
Persistent link: https://www.econbiz.de/10009738124
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/10012911198
This paper uses data from the World Values Survey to investigate how an individual's self-reported happiness is related to (i) the level of her income in absolute terms, and (ii) the level of her income relative to other people in her country. The main findings are that (i) both absolute and...
Persistent link: https://www.econbiz.de/10014064850
reduction of both the nomnial and the real wage differential in the private sector between eastern and western Germany. The fast … good match in the development of nominal and negotiated wages in the public sector in both parts of Germany. Whereas a …
Persistent link: https://www.econbiz.de/10011698445
reduction of both the nomnial and the real wage differential in the private sector between eastern and western Germany. The fast … good match in the development of nominal and negotiated wages in the public sector in both parts of Germany. Whereas a …
Persistent link: https://www.econbiz.de/10011858990
Relative income deprivation is one mechanism through which income or wealth inequality is hypothesized to affect human behaviour, with consequences on well-being. The study checks these effects against multiple self-identified reference groups using a unique rich panel data set from Ethiopia,...
Persistent link: https://www.econbiz.de/10013227664
Persistent link: https://www.econbiz.de/10012592943
design effective post-immigration policies. …
Persistent link: https://www.econbiz.de/10012022260
indirect channel through which ideology may shape attitudes toward immigration policies. Focusing on Germany before and after …Previous studies on the determinants of attitudes toward immigration can be classified into those that take a … utilitarian perspective, focusing on individuals’ perceptions of real-world impacts of immigration, and those that look at …
Persistent link: https://www.econbiz.de/10011967243
It is argued that the concept of well-being inequality cannot be properly defined without taking the referencing process into account. The reference effect depends on how frequently individuals compare with others and on the degree of social transparency in society. In this paper we employ the...
Persistent link: https://www.econbiz.de/10010277032