This paper examines the influence of relative income position on individuals’ attitudes by analyzing ISSP 1998 microdata from 25 countries along four different dimensions. Our results provide evidence for a sizeable relative income effect while also suggesting that absolute income level may be relevant. Changing the income reference group from regional to national does not significantly alter the results.
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Article provided by Economics Bulletin in its journal Economics Bulletin.
Volume (Year): 26 (2006) Issue (Month): 4 () Pages: 1-20 Download reference. The following formats are available: HTML,
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Handle: RePEc:ebl:ecbull:v:26:y:2006:i:4:p:1-20
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Find related papers by JEL classification: Z1 - Other Special Topics - - Cultural Economics D0 - Microeconomics - - General
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Edward L. Glaeser & David I. Laibson & José A. Scheinkman & Christine L. Soutter, 2000.
"Measuring Trust,"
The Quarterly Journal of Economics,
MIT Press, vol. 115(3), pages 811-846, August.
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