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Lebenszufriedenheit und Einkommensreichtum: eine empirische Analyse mit dem SOEP

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  • André Hajek

Abstract

In this study the relation between satisfaction with life and affluent income is analyzed by using cross-sectional and longitudinal data. The data used in this publication were made available by the German Socio Economic Panel Study (SOEP) at the German Institute for Economic Research (DIW Berlin), Berlin. A period from 2002-2008 is examined. The focus lies on the effects social treadmill has on life satisfaction for humans with high income. A key result of the fixed-effect-regression is the following: There is a significant effect relative income has on the contentment with life for affluent people, whereas considerable gender-specific discrepancies can be observed.

Suggested Citation

  • André Hajek, 2011. "Lebenszufriedenheit und Einkommensreichtum: eine empirische Analyse mit dem SOEP," SOEPpapers on Multidisciplinary Panel Data Research 362, DIW Berlin, The German Socio-Economic Panel (SOEP).
  • Handle: RePEc:diw:diwsop:diw_sp362
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    File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.369053.de/diw_sp0362.pdf
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    References listed on IDEAS

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    1. Paul Frijters & John P. Haisken-DeNew & Michael A. Shields, 2004. "Money Does Matter! Evidence from Increasing Real Income and Life Satisfaction in East Germany Following Reunification," American Economic Review, American Economic Association, vol. 94(3), pages 730-740, June.
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    Cited by:

    1. Erich Oltmanns & Albert Braakmann & Joachim Schmidt, 2014. "Monitoring Subjective Well-Being: Some New Empirical Evidence for Germany," SOEPpapers on Multidisciplinary Panel Data Research 696, DIW Berlin, The German Socio-Economic Panel (SOEP).

    More about this item

    Keywords

    Lebenszufriedenheit; Einkommensreichtum; Social Treadmill; Einkommensvergleiche; Referenzgruppe; SOEP; Fixed-effects;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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    1. SOEP based publications

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