Arbeitspapier
Relative status and satisfaction
This paper investigates the relationship between income satisfaction of adult children and their relative economic status, using data from the German Socio-Economic Panel and income rank as an indicator of status. The results show that children appear to compare their actual economic status with that of their parents, deriving large satisfaction gains from an income rank that is higher than that of their parents. The effect is asymmetric with regard to parents, as these seem not to be ifluenced by their children's income rank.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 0816
- Klassifikation
-
Wirtschaft
Externalities
General Welfare; Well-Being
- Thema
-
happiness
income norm
subjective well-being
Lohnniveau
Sozialer Status
Jugendliche
Vergleich
Eltern
Zufriedenheit
Lebensqualität
Schätzung
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Boes, Stefan
Staub, Kevin E.
Winkelmann, Rainer
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Zurich, Socioeconomic Institute
- (wo)
-
Zurich
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:47 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Boes, Stefan
- Staub, Kevin E.
- Winkelmann, Rainer
- University of Zurich, Socioeconomic Institute
Entstanden
- 2008
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