Publication:
If happiness is relative, against whom do we compare ourselves? Implications for labour supply

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dc.affiliation.dptoUC3M. Departamento de EconomĂ­aes
dc.contributor.authorPĂ©rez-Asenjo, Eduardo
dc.date.accessioned2012-09-13T11:03:03Z
dc.date.available2012-09-13T11:03:03Z
dc.date.issued2011-10
dc.descriptionThe original publication is available at www.springerlink.com
dc.description.abstractThis paper addresses two important issues: the nature of the reference group to which individuals compare themselves, and the implications of social comparisons for labour supply. It identifies age as the main characteristic defining the reference group. Race, sex and religion are other relevant features in its determination. It provides micro-level evidence that social comparisons influence the hours an individual works. Specifically, if her income is lower than her reference group income, she will work more. It also shows that for males, white people and people living in rural areas the effect of relative income on both happiness and labour supply is greater.
dc.description.statusPublicado
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationJournal of Population Economics, Oct 2011, vol. 24, n.4, pp. 1411-1442
dc.identifier.doi10.1007/s00148-010-0322-z
dc.identifier.issn0933-1433
dc.identifier.publicationfirstpage1411
dc.identifier.publicationissue4
dc.identifier.publicationlastpage1442
dc.identifier.publicationtitleJournal of Population Economics
dc.identifier.publicationvolume24
dc.identifier.urihttp://hdl.handle.net/10016/15313
dc.language.isoeng
dc.publisherSpringer
dc.relation.publisherversionhttp://dx.doi.org/10.1007/s00148-010-0322-z
dc.rights© Springer-Verlag 2010
dc.rights.accessRightsopen access
dc.subject.ecienciaEconomĂ­a
dc.subject.jelD01
dc.subject.jelD19
dc.subject.jelJ22
dc.subject.otherHappiness
dc.subject.otherRelative income
dc.subject.otherLabour supply
dc.titleIf happiness is relative, against whom do we compare ourselves? Implications for labour supply
dc.typeresearch article*
dc.type.hasVersionAM*
dspace.entity.typePublication
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