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Relative standing and subjective well-being in South Africa: The role of perceptions, expectations and income mobility

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Abstract

Most studies that explore the impact of relative standing on subjective well-being use objective measures of the individual’s relative position, such as the mean income of the reference group or the individual’s ranking in the relevant income distribution. In this paper, using a new household survey from South Africa, we are able to derive subjective […]

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  • Daniela Casale, 2011. "Relative standing and subjective well-being in South Africa: The role of perceptions, expectations and income mobility," Working Papers 210, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:210
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    More about this item

    Keywords

    Group Behavior; Social welfare; South Africa;
    All these keywords.

    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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