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Title: Life Satisfaction and Keeping Up with Other Countries
Authors: Ekşi, Ozan
Kaya, Neslihan
Keywords: global comparison groups
life satisfaction
relative deprivation
Issue Date: Feb-2017
Publisher: Springer
Source: Eksi, O., & Kaya, N. (2017). Life satisfaction and keeping up with other countries. Journal of Happiness Studies, 18(1), 199-228.
Abstract: Micro income studies show that relative income of individuals-with respect to their colleagues, friends, etc.-affects their life satisfaction significantly. This paper attempts to extend these studies by using the idea that people may compare their well-being not only to well-being of their home country folks but also to well-being of other country citizens. Using data from national surveys of 55 countries, carried out from 1973 to 2011, we find that average life satisfaction of a country is significantly affected from how much that country is deprived of income compared to richer countries in the world. Furthermore, per capita income of a country only matters as far as it affects its relative position in the global income distribution. This result, gaining statistical significance after 1990s, is a potential explanation for the paradox that even though richer countries tend to be happier compared to poor ones, a country does not necessarily get happier as its income increases.
ISSN: 1389-4978
Appears in Collections:İktisat Bölümü / Department of Economics
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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