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SOEPpapers on Multidisciplinary Panel Data Research, DIW >
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http://hdl.handle.net/10419/59612
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| Title: | | Happiness, habits and high rank: Comparisons in economic and social life  |
| Authors: | | Clark, Andrew E. |
| Issue Date: | | 2012 |
| Series/Report no.: | | SOEPpapers on multidisciplinary panel data research 452 |
| Abstract: | | The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation are actually found in a considerable variety of economic and social activities, rendering conclusions regarding well-being policy less straightforward. |
| Subjects: | | comparison habituation income unemployment marriage divorce health religion policy |
| JEL: | | D01 D31 H00 I31 J12 J28 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW SOEPpapers on Multidisciplinary Panel Data Research, DIW
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