The first objective of our paper is to identify the determinants of income satisfaction in Spain, with one of these … reduce individual deprivation. Our results suggest that the more unequal the income distribution is in a group, the less … income satisfied is the individual. Moreover, being unemployed is one of the main determinants of deprivation, although …

Economists have long been aware of utility externalities such as a tendency to compare own income with others'. If … welfare losses from income comparisons are significant, any governmental interventions that alter such attitudes may have … comparing income with others may diminish welfare even when income levels increase makes UK respondents compare incomes more …

The first objective of our paper is to identify the determinants of income satisfaction in Spain, with one of these … reduce individual deprivation. Our results suggest that the more unequal the income distribution is in a group, the less … income satisfied is the individual. Moreover, being unemployed is one of the main determinants of deprivation, although …

Economists have long been aware of utility externalities such as a tendency to compare own income with others'. If … welfare losses from income comparisons are significant, any governmental interventions that alter such attitudes may have … guidance about the possible negative consequences of one making such an income comparison -- leads UK respondents to make more …

Economists have long been aware of utility externalities such as a tendency to compare own income with others'. If … welfare losses from income comparisons are significant, any governmental interventions that alter such attitudes may have … comparing income with others may diminish welfare even when income levels increase makes UK respondents compare incomes more …

Does individual well-being depend on the absolute level of income and consumption or is it relative to one …'s aspirations? In a direct empirical test, it is found that higher income aspirations reduce people's utility, ceteris paribus …. Individual data on reported satisfaction with life are used as a proxy measure for utility, and income evaluation measures are …