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Individual Well-Being in a Dynamic Perspective

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dc.creator D'Ambrosio, Conchita
dc.creator Frick, Joachim R.
dc.date 2007
dc.date.accessioned 2013-10-16T06:59:51Z
dc.date.available 2013-10-16T06:59:51Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18405
dc.identifier ppn:527050261
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18405
dc.description This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of income in a dynamic framework. This finding holds after controlling for other influential factors in a multivariate setting. The main novelty of the paper is the consideration of dynamic aspects: the individual?s own history as well as the relative income performance with respect to the others living in the society under analysis do play a major role in the assessment of well-being.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 673
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D31
dc.subject I31
dc.subject D63
dc.subject ddc:330
dc.subject Interdependent Preferences
dc.subject Inequality Aversion
dc.subject Status
dc.subject Subjective Well-Being
dc.subject SOEP
dc.subject Lebenszufriedenheit
dc.subject Nutzen
dc.subject Einkommensverteilung
dc.subject Soziale Mobilität
dc.subject Schätzung
dc.subject Deutschland
dc.title Individual Well-Being in a Dynamic Perspective
dc.type doc-type:workingPaper


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