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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/26190
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Caporale, Guglielmo Maria | | en_US |
| dc.contributor.author | | Georgellis, Yannis | | en_US |
| dc.contributor.author | | Tsitsianis, Nicholas | | en_US |
| dc.contributor.author | | Ping, Ya | | en_US |
| dc.date.accessioned | | 2008-02-06 | | en_US |
| dc.date.accessioned | | 2009-07-28T08:28:51Z | | - |
| dc.date.available | | 2009-07-28T08:28:51Z | | - |
| dc.date.issued | | 2007 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/26190 | | - |
| dc.description.abstract | | Using data from the European Social Survey (ESS), we examine the link between income and subjective well-being. We find that, for the whole sample of nineteen European countries, although income is positively correlated with both happiness and life satisfaction, reference income exerts a negative effect on individual well-being, a result consistent with the relative utility hypothesis. Performing separate analyses for some Eastern European countries, we also find some evidence of a tunnel effect, in that reference income has a positive impact on subjective well-being. Our findings support the view that in environments with stable income and employment, reference income serves as a basis for social comparisons, whereas in relatively volatile environments, it is used as a source of information for forming expectations about future status. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2146 | | en_US |
| dc.subject.jel | | I31 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | comparison income | | en_US |
| dc.subject.keyword | | reference groups | | en_US |
| dc.subject.keyword | | happiness | | en_US |
| dc.subject.keyword | | life satisfaction | | en_US |
| dc.subject.stw | | Einkommensverteilung | | en_US |
| dc.subject.stw | | Lebensqualität | | en_US |
| dc.subject.stw | | Lebenszufriedenheit | | en_US |
| dc.subject.stw | | Statistisches Auswahlverfahren | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | Europa | | en_US |
| dc.title | | Income and happiness across Europe: do reference values matter? | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 557919061 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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