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The Effect of Relative Income Position on Social Capital Author info | Abstract | Publisher info | Download info | Related research | Statistics Justina A.V. Fischer () (SIAW-HSG, University of St. Gallen)
Benno Torgler () (Yale Center for International and Area Studies)
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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
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Handle: RePEc:ebl:ecbull:v:26:y:2006:i:4:p:1-20Contact details of provider: Postal: Economics Bulletin, Department of Economics, 414 Calhoun Hall, Vanderbilt University, Nashville TN 37235, USA Phone: 615-322-2920 Fax: 615-343-8495 Email: Web page: http://www.economicsbulletin.com
For technical questions regarding this item, or to correct its listing, contact: (John Conley).
Keywords: Envy ; Income Position ; Positional Concerns ; Social Capital ; Social Norms ; Find related papers by JEL classification: Z1 - Other Special Topics - - Cultural Economics D0 - Microeconomics - - General
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Other versions:
Luttmer, Erzo F. P., 2004.
"Neighbors as Negatives: Relative Earnings and Well-Being ,"
Working Paper Series
rwp04-029, Harvard University, John F. Kennedy School of Government.
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Christine E. Eibner & William N. Evans, 2001.
"Relative Deprivation, Poor Health Habits and Mortality ,"
Working Papers
265, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Health and Wellbeing..
[Downloadable!]
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Jordahl, Henrik, 2007.
"Inequality and Trust ,"
Working Paper Series
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[Downloadable!]
David Dorn & Justina Fischer & Gebhard Kirchgässner & Alfonso Sousa-Poza, 2008.
"Direct democracy and life satisfaction revisited: new evidence for Switzerland ,"
Journal of Happiness Studies ,
Springer, vol. 9(2), pages 227-255, June.
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Tara Watson & Sara McLanahan, 2009.
"Marriage Meets the Joneses: Relative Income, Identity, and Marital Status ,"
NBER Working Papers
14773, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
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