Income comparisons, income adaptation, and life satisfaction: how robust are estimates from survey data?

"Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly sensitive to simple parameter changes. Using large-scale p...

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Bibliographic Details
Main Author: Pfaff, Tobias
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Berlin 2013
DIW
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19127293124919454759-income-comparisons,-income-ada.htm

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