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Individual Well-Being in a Dynamic Perspective
D'Ambrosio, Conchita; Frick, Joachim R. - 2007
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10011600651
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Individual Well-Being in a Dynamic Perspective
D'Ambrosio, Conchita; Frick, Joachim R. - Forschungsbasierte Infrastruktureinrichtung … - 2007
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10005018693
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The Optimal Choice of a Reference Standard for Income Comparisons: Indirect Evidence from Immigrants' Return Visits
Stichnoth, Holger - 2010
I propose two new tests of Falk and Knell's (2004) prediction that individuals' reference income increases with ability. To overcome the difficulty that the reference incomeis not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...
Persistent link: https://www.econbiz.de/10011600907
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Consumption-Savings Decisions under Upward Looking Comparisons: Evidence from Germany, 2002-2011
Drechsel-Grau, Moritz; Schmid, Kai D. - Forschungsbasierte Infrastruktureinrichtung … - 2013
We demonstrate that interpersonal comparisons lead to "keeping up with the Joneses"-behavior. Using annual household data from the German Socio-Economic Panel, we estimate the causal effect of changes in reference consumption, defined as the consumption level of all households who are perceived...
Persistent link: https://www.econbiz.de/10010787019
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Consumption-savings decisions under upward looking comparisons: Evidence from Germany, 2002-2011
Drechsel-Grau, Moritz; Schmid, Kai D. - 2013
We demonstrate that interpersonal comparisons lead to keeping up with the Joneses-behavior. Using annual household data from the German Socio-Economic Panel, we estimate the causal effect of changes in reference consumption, defined as the consumption level of all households who are perceived to...
Persistent link: https://www.econbiz.de/10010322838
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Illness and health satisfaction: The role of relative comparisons
Thiel, Lars - 2014
This paper investigates the role of relative comparisons in health status for individual health satisfaction. Previous … and status e ects, social health norms, and comparison processes. Using representative longitudinal data from a German … positional preferences and social status effects in the context of health are rather unimportant for individual health …
Persistent link: https://www.econbiz.de/10010421042
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Why Do German Men Marry Women from Less Developed Countries? An Analysis of Transnational Partner Search Based on the German Socio-Economic Panel
Glowsky, David - 2007
This paper examines why German men marry women from countries which are less economically developed. Two hypotheses deduced from exchange theory and the economic theory of the family are tested: 1. Low physical and social attractiveness as well as reduced opportunities to meet German partners...
Persistent link: https://www.econbiz.de/10011600707
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Illness and Health Satisfaction: The Role of Relative Comparisons
Thiel, Lars - Forschungsbasierte Infrastruktureinrichtung … - 2014
This paper investigates the role of relative comparisons in health status for individual health satisfaction. Previous … and status e ects, social health norms, and comparison processes. Using representative longitudinal data from a German … positional preferences and social status effects in the context of health are rather unimportant for individual health …
Persistent link: https://www.econbiz.de/10010937932
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Why Do German Men Marry Women from Less Developed Countries?: An Analysis of Transnational Partner Search Based on the German Socio-Economic Panel
Glowsky, David - Forschungsbasierte Infrastruktureinrichtung … - 2007
This paper examines why German men marry women from countries which are less economically developed. Two hypotheses deduced from exchange theory and the economic theory of the family are tested: 1. Low physical and social attractiveness as well as reduced opportunities to meet German partners...
Persistent link: https://www.econbiz.de/10005017387
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Positional income concers: Prevalence and relationship with personality and economic preferences
Friehe, Tim; Mechtel, Mario; Pannenberg, Markus - 2014
This paper presents detailed evidence about who compares to whom in terms of relative income. We rely on representative survey data on the importance of income comparisons vis-a-vis seven reference groups, allowing us to exploit within-subject heterogeneity. We explore the prevalence and...
Persistent link: https://www.econbiz.de/10010464365