What explains life satisfaction? Relative income or rank income? The case of Ecuador

Hugo Nicolás Acosta-González; Oscar David Marcenaro-Gutiérrez

doi:10.1080/13504851.2020.1861193

What explains life satisfaction? Relative income or rank income? The case of Ecuador

Hugo Nicolás Acosta-González, Oscar David Marcenaro-Gutiérrez

Facultad de Economía

Producción científica: Contribución a una revista › Artículo › revisión exhaustiva

3 Citas (Scopus)

Resumen

We test whether various measures of relative income and rank income hypothesis explain life satisfaction in Ecuador. We found robust evidence that the rank position of the income within the reference group explains life satisfaction. In contrast, the effect of relative income measures on happiness is sensitive to the variables used to construct the reference group.

Idioma original	Inglés
Páginas (desde-hasta)	195-199
Número de páginas	5
Publicación	Applied Economics Letters
Volumen	29
N.º	3
DOI	https://doi.org/10.1080/13504851.2020.1861193
Estado	Publicada - 10 dic. 2020

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© 2020 Informa UK Limited, trading as Taylor & Francis Group.

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abstract = "We test whether various measures of relative income and rank income hypothesis explain life satisfaction in Ecuador. We found robust evidence that the rank position of the income within the reference group explains life satisfaction. In contrast, the effect of relative income measures on happiness is sensitive to the variables used to construct the reference group.",

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What explains life satisfaction? Relative income or rank income? The case of Ecuador

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