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Relative status and satisfaction


Boes, Stefan; Staub, Kevin E; Winkelmann, Rainer (2010). Relative status and satisfaction. Economics Letters, 109(3):168-170.

Abstract

This paper studies the effect of income rank on satisfaction. We hypothesize that a person's satisfaction depends on a comparison of own rank and rank of one's parents. Estimates using data from the German Socio-Economic Panel support the relative rank hypothesis.

Abstract

This paper studies the effect of income rank on satisfaction. We hypothesize that a person's satisfaction depends on a comparison of own rank and rank of one's parents. Estimates using data from the German Socio-Economic Panel support the relative rank hypothesis.

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6 citations in Web of Science®
6 citations in Scopus®
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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Language:English
Date:December 2010
Deposited On:06 Jan 2011 09:07
Last Modified:05 Apr 2016 14:30
Publisher:Elsevier
ISSN:0165-1765
Publisher DOI:https://doi.org/10.1016/j.econlet.2010.08.027

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