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Subjective Well-Being and Relative Deprivation: An Empirical Link Author info | Abstract | Publisher info | Download info | Related research | Statistics Conchita D'Ambrosio
Joachim R. Frick
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This paper explores the relationship between two well-established con-cepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i.e. the gaps between the individual’s income and the incomes of all individuals richer/poorer 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 satisfaction than on absolute levels of income. This finding holds even after controlling for other influential factors in a multivariate setting.
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Paper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number
449.
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Length: 22 p.
Date of creation: 2004Date of revision:
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Keywords: Relative deprivation ; Satisfaction ; Subjective well-being ; SOEP ; Other versions of this item:
Find related papers by JEL classification: D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
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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.: Bossert, Walter & D'Ambrosio, Conchita & Peragine, Vito, 2004.
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references Cited by : (explanations , 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.)
Shlomo Yitzhaki & Edna Schechtman, 2005.
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Metron - International Journal of Statistics ,
Dipartimento di Statistica, Probabilità e Statistiche Applicate - University of Rome, vol. 0(3), pages 401-433.
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Jose Alberto Molina & Maria Navarro & Ian Walker, 2007.
"Mums and their sons; Dads and their daughters: Panel Data Evidence of Parental Altruism across 14 EU Countries ,"
Working Papers
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Verme Paolo, 2007.
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200701, University of Turin.
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Pérez Truglia, Ricardo Nicolás, 2007.
"Can a rise in income inequality improve welfare? ,"
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4700, University Library of Munich, Germany, revised 22 Dec 2007.
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David Dorn & Justina Fischer & Gebhard Kirchgässner & Alfonso Sousa-Poza, 2008.
"Direct democracy and life satisfaction revisited: new evidence for Switzerland ,"
Journal of Happiness Studies ,
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José M. Labeaga & José Alberto Molina & María Navarro, 2007.
"Income Satisfaction and Deprivation in Spain ,"
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Claudia Biancotti, 2006.
"A Dual-Regime Utility Model for Poverty Analysis ,"
Temi di discussione (Economic working papers)
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Christoph Wunder & Johannes Schwarze, 2006.
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IZA Discussion Papers
2084, Institute for the Study of Labor (IZA).
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Inmaculada García & José Molina & María Navarro, 2007.
"How Satisfied are Spouses with their Leisure Time? Evidence from Europe ,"
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DAVID DORN & Justina Fischer & GEBHARD KIRCHGÄSSNER & ALFONSO SOUSA-POZA, 2005.
"Is It Culture or Democracy? The Impact of Democracy, Income, and Culture on Happiness ,"
University of St. Gallen Department of Economics working paper series 2005
2005-12, Department of Economics, University of St. Gallen.
[Downloadable!]
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