Browsing by Author "M"
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Item Metadata only What explains life satisfaction? Relative income or rank income? The case of Ecuador(2020-12-10) Acosta González, Hugo Nicolás; M; Acosta González, Hugo NicolásWe 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.
