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Tekijä:Ferrer-i-Carbonell, A.
Otsikko:Income and well-being: an empirical analysis of the comparison income effect
Lehti:Journal of Public Economics
2005 : JUN, VOL. 89:5-6, p. 997-1019
Asiasana:Income distribution
Preferences
Reference groups
Utility theory
Kieli:eng
Tiivistelmä:This article examines empirically the influence of the income of a reference group on the well-being or happiness of an individual. The analysis uses a self-reported measure of satisfaction with life as a measure of individual well-being. The findings indicate that individuals are happier the larger their income is in comparison with the income of the reference group.
SCIMA tietueen numero: 258408
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