Direct evidence for income comparisons and subjective well-being across reference groups

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 137
Issue: C
Pages: 95-101

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB for colleagues, people in the same occupation and friends, but not for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong negative correlation between perceiving to earn less than the reference group and SWB.

Technical Details

RePEc Handle
repec:eee:ecolet:v:137:y:2015:i:c:p:95-101
Journal Field
General
Author Count
2
Added to Database
2026-01-25