Does Relative Income Matter?: Are the Critics Right?
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- Richard Layard & Guy Mayraz & Stephen Nickell, 2009. "Does Relative Income Matter? Are the Critics Right?," CEP Discussion Papers dp0918, Centre for Economic Performance, LSE.
- Layard, Richard & Mayraz, Guy & Nickell, Stephen, 2009. "Does relative income matter? Are the critics right?," LSE Research Online Documents on Economics 28594, London School of Economics and Political Science, LSE Library.
References listed on IDEAS
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More about this item
Keywords
Easterlin Paradox; happiness; relative income; growth;All these keywords.
JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
- H0 - Public Economics - - General
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HAP-2009-08-08 (Economics of Happiness)
- NEP-LTV-2009-08-08 (Unemployment, Inequality and Poverty)
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