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Subjective Well-Being and Relative Deprivation : An Empirical Link

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dc.creator D'Ambrosio, Conchita
dc.creator Frick, Joachim R.
dc.date 2004
dc.date.accessioned 2013-10-16T07:11:28Z
dc.date.available 2013-10-16T07:11:28Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20622
dc.identifier ppn:474416607
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20622
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 (SOEP), 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.relation IZA Discussion paper series 1351
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D31
dc.subject D63
dc.subject I31
dc.subject ddc:330
dc.subject relative deprivation
dc.subject satisfaction
dc.subject subjective well-being
dc.subject SOEP
dc.subject Lebensqualität
dc.subject Einkommensverteilung
dc.subject Schätzung
dc.subject Deutschland
dc.title Subjective Well-Being and Relative Deprivation : An Empirical Link
dc.type doc-type:workingPaper


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