Does Relative Income Matter for the Very Poor? Evidence from Rural Ethiopia
نویسندگان
چکیده
Does Relative Income Matter for the Very Poor? Evidence from Rural Ethiopia We studied whether relative income has an impact on subjective well-being among extremely poor people. Contrary to the findings in developed countries, where relative income has shown a significant and negative impact on subjective well-being, we cannot reject the hypothesis that relative income has no impact on subjective well-being in rural areas of northern Ethiopia. JEL Classification: D10, I31, I32
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