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• W2247192279 startingPage "59" @default.
• W2247192279 abstract "Using longitudinal data from the German Socio-Economic Panel, we analyze theimportance of modeling social comparisons when trying to determine their effect onsubjective well-being. The contribution of the paper is twofold. On the one hand, weconsider measures of social comparisons which assume that individuals comparethemselves to each and all the other individuals along the income distribution and thatindividuals have a different sensitivity for those different comparisons. On the otherhand, we consider the possibility that the type of social contacts and values or normsthat individuals exhibit could influence the effect of social comparisons on subjectivewell-being. Interestingly, our results confirm that individuals� subjective well-being isaffected not only by the comparisons the individual makes with others abovethemselves in the income distribution, but also by comparisons made with individualsbelow themselves. Moreover, it is relevant to consider the sensitivity of socialcomparisons to the proximity of incomes when evaluating the effect of socialcomparisons on subjective well-being. Additionally, we conclude that both social andcultural capital also shape the effect of social comparisons on subjective well-being andthat the effect is different depending on whether or not comparisons with otherindividuals are sensitive to proximity." @default.
• W2247192279 created "2016-06-24" @default.
• W2247192279 creator A5021547704 @default.
• W2247192279 creator A5053389619 @default.
• W2247192279 creator A5059785240 @default.
• W2247192279 date "2014-01-01" @default.
• W2247192279 modified "2023-10-02" @default.
• W2247192279 title "The role of proximity and social comparisons on Subjective well-being" @default.
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