Working paper
Community, comparisons and subjective well-being in a divided society
- Abstract:
-
Using a South African data set, the paper poses six questions about the determinants of subjective well-being. Much of the paper is concerned with the role of relative concepts. We find that comparator income – measured as average income of others in the local residential cluster - enters the household’s utility function positively but that income of more distant others (others in the district or province) enters negatively. The ordered probit equations indicate that, as well as comparator gr...
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Bibliographic Details
- Publisher:
- CSAE
- Series:
- Working paper series
- Publication date:
- 2004-01-01
Item Description
- Language:
- English
- UUID:
-
uuid:1ae3b4f9-b798-410c-a961-e4c0457c28cc
- Local pid:
- oai:economics.ouls.ox.ac.uk:13258
- Deposit date:
- 2011-08-16
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- Copyright date:
- 2004
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