Arbeitspapier
The Joneses in Japan: Income comparisons and financial satisfaction
This paper uses Japanese data which includes measures of self-declared satisfaction, reference-group income, and the direction and intensity of income comparisons. Relative to Europeans, the Japanese compare more to friends and less to colleagues, and compare their incomes more. The relationship between satisfaction and others' income is negative, and more negative for those who report greater income comparison intensity. A self-reported measure of others' income does better than cell-mean income in explaining satisfaction, and would arguably make a useful addition to many existing surveys.
- Sprache
-
Englisch
- Erschienen in
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Series: ISER Discussion Paper ; No. 866
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Wage Level and Structure; Wage Differentials
- Thema
-
Income Comparisons
Reference-Group Income
Reference Groups
Satisfaction
Zufriedenheit
Haushaltseinkommen
Vergleich
Zeitreihenanalyse
Japan
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Clark, Andrew E.
Senik, Claudia
Yamada, Katsunori
- Ereignis
-
Veröffentlichung
- (wer)
-
Osaka University, Institute of Social and Economic Research (ISER)
- (wo)
-
Osaka
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Clark, Andrew E.
- Senik, Claudia
- Yamada, Katsunori
- Osaka University, Institute of Social and Economic Research (ISER)
Entstanden
- 2013