This paper explores the relationship between two well-established concepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income, and relative deprivation, i.e. the gaps between the individual's income and the incomes of all individuals richer than him. Operationalizing both concepts using micro panel data from the German Socio-Economic Panel, we provide empirical evidence for subjective well-being depending more on relative deprivation than on absolute levels of income. This finding holds after controlling for other influential factors in a multivariate setting.

D'Ambrosio, C., Frick, J. (2007). Income satisfaction and relative deprivation: An empirical link. SOCIAL INDICATORS RESEARCH, 81(3), 497-519 [10.1007/s11205-006-0020-0].

Income satisfaction and relative deprivation: An empirical link

D'AMBROSIO, CONCHITA;
2007

Abstract

This paper explores the relationship between two well-established concepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income, and relative deprivation, i.e. the gaps between the individual's income and the incomes of all individuals richer than him. Operationalizing both concepts using micro panel data from the German Socio-Economic Panel, we provide empirical evidence for subjective well-being depending more on relative deprivation than on absolute levels of income. This finding holds after controlling for other influential factors in a multivariate setting.
Articolo in rivista - Articolo scientifico
relative deprivation, satisfaction, subjective well-being, SOEP
English
2007
81
3
497
519
none
D'Ambrosio, C., Frick, J. (2007). Income satisfaction and relative deprivation: An empirical link. SOCIAL INDICATORS RESEARCH, 81(3), 497-519 [10.1007/s11205-006-0020-0].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/2696
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