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The Effects of Relative Income and Absolute Income on Happiness

✍ Scribed by Hung-Lin Tao; Shih-Yung Chiu

Book ID
111004452
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
103 KB
Volume
13
Category
Article
ISSN
1363-6669

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## Abstract The relative income hypothesis, that relative income has a direct effect on individual health, has become an important part of the literature on health inequalities. This paper presents a four‐quadrant diagram, which shows the effect of income, relative income and aggregation bias on in