Journal article | Zeitschriftenartikel

Direct evidence on income comparisons and their welfare effects

zu Verbundenen Objekten

This paper provides direct evidence that income comparisons exert a significant impact on subjective well-being. It also evaluates the relative importance of different types of benchmarks. Internal comparisons to one's own past living standard outweigh any other comparison benchmarks. Local comparisons (to one's parents, former colleagues or high-school mates) are more powerful than self-ranking in the social ladder. The impact of comparisons is asymmetric: under-performing one's benchmark always has a greater welfare effect than out-performing it (in absolute value). Comparisons which reduce satisfaction also increase the demand for income redistribution, but there, the relative impact of subjective ranking is preponderant.

Direct evidence on income comparisons and their welfare effects

Urheber*in: Senik, Claudia

Rechte vorbehalten - Freier Zugang

0
/
0

Sprache
Englisch
Umfang
Seite(n): 408–424
Anmerkungen
Status: Postprint; begutachtet (peer reviewed)

Erschienen in
Journal of Economic Behavior & Organization, 72(1)

Klassifikation
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Thema
Psychologie
Soziologie, Anthropologie
Wirtschaftssoziologie
Sozialpsychologie
Transition

Ereignis
Geistige Schöpfung
(wer)
Senik, Claudia
Ereignis
Veröffentlichung
(wo)
Niederlande
(wann)
2009

DOI
URN
urn:nbn:de:0168-ssoar-293675
Rechteinformation
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Letzte Aktualisierung
21.06.2024, 16:27 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Original beim Datenpartner anzeigen

Objekttyp

  • Zeitschriftenartikel

Beteiligte

  • Senik, Claudia

Entstanden

  • 2009

Ähnliche Objekte (12)

Direct evidence on income comparisons and their welfare effects

Monografie

Direct evidence on income comparisons and their welfare effects

Direct evidence on income comparisons and their welfare effects

Monografie

Direct evidence on income comparisons and their welfare effects

Direct evidence on income comparisons and their welfare effects

Arbeitspapier

Direct evidence on income comparisons and their welfare effects

Direct evidence on income comparisons and subjective well-being

Arbeitspapier

Direct evidence on income comparisons and subjective well-being

Direct evidence on income comparisons and subjective well-being

Arbeitspapier

Direct evidence on income comparisons and subjective well-being

Direct evidence on income comparisons and subjective well-being

Monografie

Direct evidence on income comparisons and subjective well-being

Direct Evidence on Income Comparisons and Subjective Well-Being

Konferenzbeitrag

Direct Evidence on Income Comparisons and Subjective Well-Being

Direct evidence for income comparisons and subjective well-being across reference groups

Arbeitspapier

Direct evidence for income comparisons and subjective well-being across reference groups

Direct Evidence for Income Comparisons and Subjective Well-Being across Reference Groups

Arbeitspapier

Direct Evidence for Income Comparisons and Subjective Well-Being across Reference Groups

Direct Evidence for Income Comparisons and Subjective Well-Being across Reference Groups

Arbeitspapier

Direct Evidence for Income Comparisons and Subjective Well-Being across Reference Groups

International comparisons of income distribution

Arbeitspapier

International comparisons of income distribution

Comparisons of income mobility profiles

Arbeitspapier

Comparisons of income mobility profiles

Verbundene Objekte