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
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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Clark, Andrew E.
  • Senik, Claudia
  • Yamada, Katsunori
  • Osaka University, Institute of Social and Economic Research (ISER)

Entstanden

  • 2013

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