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Absolute Income, Relative Income, and Happiness

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  • Richard Ball

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  • Kateryna Chernova

    ()

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s11205-007-9217-0
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    Bibliographic Info

    Article provided by Springer in its journal Social Indicators Research.

    Volume (Year): 88 (2008)
    Issue (Month): 3 (September)
    Pages: 497-529

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    Handle: RePEc:spr:soinre:v:88:y:2008:i:3:p:497-529

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    Web page: http://www.springer.com/economics/journal/11135

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    Related research

    Keywords: Subjective well-being; Happiness; Relative income;

    References

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    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.:
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    1. Oswald, Andrew, 1997. "Happiness and Economic Performance," The Warwick Economics Research Paper Series (TWERPS) 478, University of Warwick, Department of Economics.
    2. Ruut Veenhoven, 1991. "Is happiness relative?," Social Indicators Research, Springer, vol. 24(1), pages 1-34, February.
    3. Boskin, Michael J & Sheshinski, Eytan, 1978. "Optimal Redistributive Taxation when Individual Welfare Depends upon Relative Income," The Quarterly Journal of Economics, MIT Press, vol. 92(4), pages 589-601, November.
    4. Blanchflower, David G. & Oswald, Andrew J., 2004. "Well-being over time in Britain and the USA," Journal of Public Economics, Elsevier, vol. 88(7-8), pages 1359-1386, July.
    5. Ng, Yew-Kwang, 1997. "A Case for Happiness, Cardinalism, and Interpersonal Comparability," Economic Journal, Royal Economic Society, vol. 107(445), pages 1848-58, November.
    6. Oswald, Andrew J., 1983. "Altruism, jealousy and the theory of optimal non-linear taxation," Journal of Public Economics, Elsevier, vol. 20(1), pages 77-87, February.
    7. Clark, Andrew E. & Oswald, Andrew J., 1996. "Satisfaction and comparison income," Journal of Public Economics, Elsevier, vol. 61(3), pages 359-381, September.
    8. Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
    9. Alberto Alesina & Rafael Di Tella & Robert MacCulloch, 2001. "Inequality and Happiness: Are Europeans and Americans Different?," NBER Working Papers 8198, National Bureau of Economic Research, Inc.
    10. Easterlin, Richard A, 2001. "Income and Happiness: Towards an Unified Theory," Economic Journal, Royal Economic Society, vol. 111(473), pages 465-84, July.
    11. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
    12. Dollar, David & Kraay, Aart, 2001. "Growth is good for the poor," Policy Research Working Paper Series 2587, The World Bank.
    13. Ng, Yew-Kwang, 1987. "Diamonds Are a Government's Best Friend: Burden-Free Taxes on Goods Valued for Their Values," American Economic Review, American Economic Association, vol. 77(1), pages 186-91, March.
    14. Ed Diener & Eunkook Suh & Heidi Smith & Liang Shao, 1995. "National differences in reported subjective well-being: Why do they occur?," Social Indicators Research, Springer, vol. 34(1), pages 7-32, January.
    15. Frank, Robert H. & Hutchens, Robert M., 1993. "Wages, seniority, and the demand for rising consumption profiles," Journal of Economic Behavior & Organization, Elsevier, vol. 21(3), pages 251-276, August.
    16. Andrew POSTLEWAITE, 2001. "Social Arrangements and Economic Behavior," Annales d'Economie et de Statistique, ENSAE, issue 63-64, pages 67-87.
    17. Bagwell, Laurie Simon & Bernheim, B Douglas, 1996. "Veblen Effects in a Theory of Conspicuous Consumption," American Economic Review, American Economic Association, vol. 86(3), pages 349-73, June.
    18. Frey, Bruno S & Stutzer, Alois, 2000. "Happiness, Economy and Institutions," Economic Journal, Royal Economic Society, vol. 110(466), pages 918-38, October.
    19. Ed Diener & Eunkook Suh, 1997. "Measuring Quality Of Life: Economic, Social, And Subjective Indicators," Social Indicators Research, Springer, vol. 40(1), pages 189-216, January.
    20. Warr, Peter & Payne, Roy, 1982. "Experiences of strain and pleasure among British adults," Social Science & Medicine, Elsevier, vol. 16(19), pages 1691-1697, January.
    21. Daniel J. ZIZZO & Andrew J. OSWALD, 2001. "Are People Willing to Pay to Reduce Others'Incomes?," Annales d'Economie et de Statistique, ENSAE, issue 63-64, pages 39-65.
    22. Frank, Robert H, 1997. "The Frame of Reference as a Public Good," Economic Journal, Royal Economic Society, vol. 107(445), pages 1832-47, November.
    23. Robert H. Frank, 1996. "Consumption Externalities and the Financing of Social Services," NBER Chapters, in: Individual and Social Responsibility: Child Care, Education, Medical Care, and Long-Term Care in America, pages 173-194 National Bureau of Economic Research, Inc.
    24. DiTella, Rafael & MacCulloch, Robert & Oswald, Andrew J., 2001. "Preferences over inflation and unemployment: Evidence from surveys of happiness," ZEI Working Papers B 03-2001, ZEI - Center for European Integration Studies, University of Bonn.
    25. Galina Balatsky & Ed Diener, 1993. "Subjective well-being among Russian students," Social Indicators Research, Springer, vol. 28(3), pages 225-243, March.
    26. Ruut Veenhoven, 1996. "Developments in satisfaction-research," Social Indicators Research, Springer, vol. 37(1), pages 1-46, January.
    27. Landers, Renee M & Rebitzer, James B & Taylor, Lowell J, 1996. "Rat Race Redux: Adverse Selection in the Determination of Work Hours in Law Firms," American Economic Review, American Economic Association, vol. 86(3), pages 329-48, June.
    28. Frank, Robert H, 1984. "Are Workers Paid Their Marginal Products?," American Economic Review, American Economic Association, vol. 74(4), pages 549-71, September.
    29. Layard, Richard, 1980. "Human Satisfactions and Public Policy," Economic Journal, Royal Economic Society, vol. 90(363), pages 737-50, December.
    30. James Horley & J. Lavery, 1995. "Subjective well-being and age," Social Indicators Research, Springer, vol. 34(2), pages 275-282, February.
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    Citations

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    Cited by:
    1. Wan-chi Chen, 2012. "How Education Enhances Happiness: Comparison of Mediating Factors in Four East Asian Countries," Social Indicators Research, Springer, vol. 106(1), pages 117-131, March.
    2. Thomas Hansen, 2012. "Parenthood and Happiness: a Review of Folk Theories Versus Empirical Evidence," Social Indicators Research, Springer, vol. 108(1), pages 29-64, August.
    3. David Bartram, 2011. "Economic Migration and Happiness: Comparing Immigrants’ and Natives’ Happiness Gains From Income," Social Indicators Research, Springer, vol. 103(1), pages 57-76, August.
    4. Ruud Muffels & Bruce Headey, 2013. "Capabilities and Choices: Do They Make Sen’se for Understanding Objective and Subjective Well-Being? An Empirical Test of Sen’s Capability Framework on German and British Panel Data," Social Indicators Research, Springer, vol. 110(3), pages 1159-1185, February.
    5. Hui-Chuan Hsu, 2010. "Trajectory of Life Satisfaction and its Relationship with Subjective Economic Status and Successful Aging," Social Indicators Research, Springer, vol. 99(3), pages 455-468, December.
    6. Matthew Andersson & Jennifer Glass & Robin Simon, 2014. "Users Beware: Variable Effects of Parenthood on Happiness Within and Across International Datasets," Social Indicators Research, Springer, vol. 115(3), pages 945-961, February.
    7. Betz, William & Simpson, Nicole B., 2013. "The Effects of International Migration on the Well-Being of Native Populations in Europe," IZA Discussion Papers 7368, Institute for the Study of Labor (IZA).
    8. Franz Heukamp & Miguel Ariño, 2011. "Does Country Matter for Subjective Well-Being?," Social Indicators Research, Springer, vol. 100(1), pages 155-170, January.
    9. Ming-Chang Tsai & Heng-Hao Chang & Wan-chi Chen, 2012. "Globally Happy: Individual Globalization, Expanded Capacities, and Subjective Wellbeing," Social Indicators Research, Springer, vol. 108(3), pages 509-524, September.
    10. Bogaerts, Tess & Pandelaere, Mario, 2013. "Less is more: Why some domains are more positional than others," Journal of Economic Psychology, Elsevier, vol. 39(C), pages 225-236.
    11. Analia Olgiati & Rocio Calvo & Lisa Berkman, 2013. "Are Migrants Going Up a Blind Alley? Economic Migration and Life Satisfaction around the World: Cross-National Evidence from Europe, North America and Australia," Social Indicators Research, Springer, vol. 114(2), pages 383-404, November.
    12. Hudson, Eibhlin, 2013. "Does relative material wealth matter for child and adolescent life satisfaction?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 46(C), pages 38-47.
    13. Pedersen, Peder J. & Schmidt, Torben Dall, 2011. "Happiness in Europe," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(5), pages 480-489.

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