KOPS - The Institutional Repository of the University of Konstanz

Subjective well-being and income : a compromise between Easterlin paradox and its critiques

Subjective well-being and income : a compromise between Easterlin paradox and its critiques

Cite This

Files in this item

Checksum: MD5:3502085e6bfa55d3a79e707129f194a0

YASAR, Rusen, 2018. Subjective well-being and income : a compromise between Easterlin paradox and its critiques. In: Economics: The Open-Access, Open-Assessment E-Journal. 12, 43. eISSN 1864-6042. Available under: doi: 10.5018/economics-ejournal.ja.2018-43

@article{Yasar2018Subje-43054, title={Subjective well-being and income : a compromise between Easterlin paradox and its critiques}, year={2018}, doi={10.5018/economics-ejournal.ja.2018-43}, volume={12}, journal={Economics: The Open-Access, Open-Assessment E-Journal}, author={Yasar, Rusen}, note={Article Number: 43} }

<rdf:RDF xmlns:dcterms="http://purl.org/dc/terms/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:void="http://rdfs.org/ns/void#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/43054"> <dcterms:abstract xml:lang="eng">Despite rising popularity of subjective well-being (SWB) as a proxy for utility, its relationship with income is still unresolved. Against the background of debates around the ‘Easterlin paradox’, this paper seeks a compromise between two positions: one that insists on individual relative income, and one that finds similarity between individual and aggregate levels. Proposing a model which puts the emphasis on the interaction between individual and aggregate-level factors, it argues that the effect of relative income on SWB varies across countries as a function of average income, in addition to a relatively small direct effect of the latter, in partial agreement with the two major positions. The model is tested cross-sectionally on the data from the latest wave of World Values Survey. The results from hierarchical mixed-effect models confirm the main argument. But further examination reveals that there is still unaccounted variation especially in middle-income economies.</dcterms:abstract> <dc:language>eng</dc:language> <dcterms:issued>2018</dcterms:issued> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2018-08-09T13:04:57Z</dcterms:available> <dc:rights>terms-of-use</dc:rights> <dcterms:title>Subjective well-being and income : a compromise between Easterlin paradox and its critiques</dcterms:title> <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/42"/> <dc:contributor>Yasar, Rusen</dc:contributor> <bibo:uri rdf:resource="https://kops.uni-konstanz.de/handle/123456789/43054"/> <dcterms:rights rdf:resource="https://kops.uni-konstanz.de/page/termsofuse"/> <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/42"/> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dc:creator>Yasar, Rusen</dc:creator> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2018-08-09T13:04:57Z</dc:date> <dcterms:hasPart rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/43054/1/Yasar_2-1961yozlwsua89.pdf"/> <dspace:hasBitstream rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/43054/1/Yasar_2-1961yozlwsua89.pdf"/> </rdf:Description> </rdf:RDF>

Downloads since Aug 9, 2018 (Information about access statistics)

Yasar_2-1961yozlwsua89.pdf 112

This item appears in the following Collection(s)

Search KOPS


Browse

My Account