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dc.contributor.authorSenik, Claudiaen_US
dc.date.accessioned2008-06-05en_US
dc.date.accessioned2010-07-07T11:22:16Z-
dc.date.available2010-07-07T11:22:16Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/34311-
dc.description.abstractThis paper provides unheard direct evidence that comparisons exert a significant effect on subjective well-being. It also evaluates the relative importance of different types of benchmarks. Dynamic comparisons outweigh static ones. Internal benchmarks are more important than external reference groups. Local comparisons (to parents, former colleagues or school classmates) are more powerful than general comparisons such as my rank in the social ladder. The most important impact comes from the deterioration of my living standard and from under-performing my former schoolmates or colleagues. A possible interpretation is that comparisons benchmarks are all the more significant as they are interpreted in terms of seized or lost opportunities.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 3195en_US
dc.subject.jelC25en_US
dc.subject.ddc330en_US
dc.subject.keywordSubjective well-beingen_US
dc.subject.keywordincome comparisonsen_US
dc.subject.keywordincome mobilityen_US
dc.subject.keywordinternal and external benchmarksen_US
dc.subject.keywordtransitionen_US
dc.subject.stwLebenszufriedenheiten_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwInterpersoneller Nutzenvergleichen_US
dc.subject.stw√úbergangswirtschaften_US
dc.subject.stwOsteuropaen_US
dc.titleDirect evidence on income comparisons and their welfare effectsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn551074817en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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