Ambition and jealousy: income interactions in the old Europe versus the new Europe and the United States

Arbeitspapier

This paper asks how income distribution affects individual well-being and tries to explore the idea that this relation depends on the degree of mobility and uncertainty in the economy. It mostly concentrates on the relation between satisfaction and reference income (defined as the income of one's professional peers), and hinges on the micro-econometric analysis of household survey data (mostly panel), including subjective attitudinal questions. Using over one million observations, it uncovers a divide between old -low mobility- European countries versus new European post-Transition countries and the United States. Whereas jealousy is dominant in the former, ambition is even stronger in the latter.

Objekt anzeigen

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 2083

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; Comparative Studies of Countries
• Thema: income distribution ; comparison income ; subjective well-being ; Transition ; European Union ; Einkommensverteilung ; Lebensqualität ; Einkommen ; Panel ; Europa ; USA

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Senik-Leygonie, Claudia
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2006

Weitere Informationen

• Handle: http://hdl.handle.net/10419/33233