A curse of comparison? : Evidence on reference groups for relative income concerns / Alice Kuegler

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Policy research working paper ; 4820Publisher: [Washington, D.C] : World Bank, 2009Description: Online-RessourceSubject(s): Additional physical formats: Kuegler, Alice: A curse of comparison? LOC classification:
  • HG3881.5.W57
DOI: DOI: 10.1596/1813-9450-4820Online resources: Additional physical formats: Also available in print.Summary: "This paper proposes that individuals care about the relative income of proximate reference groups. Making use of self-reported life satisfaction as a proxy for unobservable utility, the relative income of siblings is tested for relevance as a reference point for new sample data from Venezuela. Having greater perceived income than one's siblings is found to be positively linked to individual life satisfaction. This evidence supplements the scarce economic research on reference groups, supporting the hypothesis that individuals with proximate characteristics and resembling opportunities in life serve as points of comparison. "--World Bank web sitePPN: PPN: 834961989Package identifier: Produktsigel: ZDB-1-WBA | ZDB-110-WBL
No physical items for this record

Also available in print.

2009. (World Bank eLibrary). Also available in print |2009||||||||||

KIT – The University in the Helmholtz Association                         Home | Impressum | Datenschutz | Barrierefreiheit | KIT