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.

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Year of publication:	2008-11
Authors:	Akay, Alpaslan ; Martinsson, Peter
Institutions:	Institute for the Study of Labor (IZA)
Subject:	absolute income \| relative income \| subjective well-being

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 3812 12 pages
Classification:	D10 - Household Behavior and Family Economics. General ; I31 - General Welfare; Basic Needs; Quality of Life ; I32 - Measurement and Analysis of Poverty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005703003