Arbeitspapier
Direct Evidence for Income Comparisons and Subjective Well-Being across Reference Groups
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB for colleagues, people in the same occupation and friends, but not for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong negative correlation between perceiving to earn less than the reference group and SWB.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 5546
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Externalities
General Welfare; Well-Being
- Thema
-
income comparisons
German Socio-Economic Panel (SOEP)
relative income
subjective well-being
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Goerke, Laszlo
Pannenberg, Markus
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 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
- Goerke, Laszlo
- Pannenberg, Markus
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2015
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