| dc.creator |
D'Ambrosio, Conchita |
|
| dc.creator |
Frick, Joachim R. |
|
| dc.date |
2004 |
|
| dc.date.accessioned |
2013-10-16T06:59:25Z |
|
| dc.date.available |
2013-10-16T06:59:25Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/18301 |
|
| dc.identifier |
ppn:470837020 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/18301 |
|
| dc.description |
This paper explores the relationship between two well-established concepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i.e. the gaps between the individual?s income and the incomes of all individuals richer/poorer than him. Operationalizing both concepts using micro panel data from the German Socio-Economic Panel, we provide empirical evidence for subjective well-being depending more on relative satisfaction than on absolute levels of income. This finding holds even after controlling for other influential factors in a multivariate setting. |
|
| dc.language |
eng |
|
| dc.publisher |
Deutsches Institut für Wirtschaftsforschung (DIW) Berlin |
|
| dc.relation |
DIW-Diskussionspapiere 449 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
I31 |
|
| dc.subject |
D31 |
|
| dc.subject |
D63 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Relative Deprivation |
|
| dc.subject |
Satisfaction |
|
| dc.subject |
SubjectiveWell-Being |
|
| dc.subject |
SOEP |
|
| dc.title |
Subjective Well-Being and Relative Deprivation: an Empirical Link |
|
| dc.type |
doc-type:workingPaper |
|