Relative Income, Happiness and Utility: An Explanation for the Easterlin Paradox and Other Puzzles
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- Andrew E. Clark & Paul Frijters & Michael A. Shields, 2008. "Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles," Journal of Economic Literature, American Economic Association, vol. 46(1), pages 95-144, March.
- Andrew E. Clark & Paul Frijters & Michael A. Shields, 2008. "Relative income, happiness, and utility: An explanation for the Easterlin paradox and other puzzles," Post-Print halshs-00754299, HAL.
References listed on IDEAS
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- Ravallion, Martin & Lokshin, Michael, 2002. "Self-rated economic welfare in Russia," European Economic Review, Elsevier, vol. 46(8), pages 1453-1473, September.
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Wiley Blackwell, vol. 10(1), pages 171-176, February.
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- Stark, Oded, 2005. "Status Aspirations, Wealth Inequality, and Economic Growth," Discussion Papers 276258, University of Bonn, Center for Development Research (ZEF).
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More about this item
Keywordshabituation; happiness; comparison; utility; income;
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- H00 - Public Economics - - General - - - General
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2007-07-07 (All new papers)
- NEP-CBE-2007-07-07 (Cognitive & Behavioural Economics)
- NEP-HAP-2007-07-07 (Economics of Happiness)
- NEP-LTV-2007-07-07 (Unemployment, Inequality & Poverty)
- NEP-NEU-2007-07-07 (Neuroeconomics)
- NEP-SOC-2007-07-07 (Social Norms & Social Capital)
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