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Building Financial Satisfaction

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dc.creator Vera-Toscano, Esperanza
dc.creator Ateca, Victoria
dc.creator Serrano del Rosal, Rafael
dc.date 2007-11-14T08:20:08Z
dc.date 2007-11-14T08:20:08Z
dc.date 2004
dc.date.accessioned 2017-01-31T00:58:30Z
dc.date.available 2017-01-31T00:58:30Z
dc.identifier http://hdl.handle.net/10261/2099
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/2099
dc.description This paper aims to contribute further research on the conceptualization of individual financial satisfaction as a particular domain of satisfaction with life as a whole. Based on the 2003 Survey on Living Conditions and Poverty for Andalucía (Spain) and using a self-reported measure of welfare, ordered probit models are used to analyze the extent to which individual financial satisfaction can be solely explained by income in absolute terms, or alternatively, by taking into account the importance of relative income in its two dimensions: (1) personal aspirations as individual’s adaptation to previous and future income levels (intra-individual comparisons), and (2) social comparisons as individual’s concern for her peer’s income (inter-personal dependency).
dc.language eng
dc.relation IESA Working Paper Series
dc.relation WP 12-04
dc.rights openAccess
dc.subject Financial satisfaction
dc.subject Income valuation
dc.subject Comparison income
dc.subject Reference group
dc.subject Internal norm
dc.subject External norm
dc.title Building Financial Satisfaction
dc.type Documento de trabajo


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