Relative status and satisfaction
نویسندگان
چکیده
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. DOI: https://doi.org/10.1016/j.econlet.2010.08.027 Posted at the Zurich Open Repository and Archive, University of Zurich ZORA URL: https://doi.org/10.5167/uzh-40785 Accepted Version Originally published at: Boes, Stefan; Staub, Kevin E; Winkelmann, Rainer (2010). Relative status and satisfaction. Economics Letters, 109(3):168-170. DOI: https://doi.org/10.1016/j.econlet.2010.08.027 Relative status and satisfaction Stefan Boes University of Zurich and IZA Kevin Staub University of Zurich Rainer Winkelmann ∗ University of Zurich, IZA and CESifo
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