Increasing income inequality, external habits, and self-reported happiness

American Economic Review

Volumn 97, Issue 2, 2007, Pages 226-231

  Dynan, Karen E ^a   Ravina, Enrichetta ^b  

^a FEDERAL RESERVE BOARD   (United States)

^b NEW YORK UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34547298645     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.97.2.226     Document Type: Conference Paper

References (9)

1. Attanasio, Orazio, Erich Battistin, and Hidehiko Ichimura. 2004. "What Really Happened to Consumption Inequality in the US?" National Bureau of Economic Research Working Paper 10338.
2. Autor, David H., Lawrence F. Katz, and Melissa S. Kearney. 2006. "The Polarization of the U.S. Labor Market." American Economic Review, 96(2): 189-94.
3. Carroll, Christopher D., Jody Overland, and David N. Weil. 1997. "Comparison Utility in a Growth Model." Journal of Economic Growth, 2(4): 339-67.
4. Dupor, Bill, and Wen-Fang Liu. 2003. "Jealousy and Equilibrium Overconsumption." American Economic Review, 93(1): 423-28.
5. Heffetz, Ori. 2006. "Conspicuous Consumption and the Visibility of Consumer Expenditures." Unpublished.
6. Kahneman, Daniel, and Alan B. Krueger. 2006. "Developments in the Measurement of Subjective Well-Being." Journal of Economic Perspectives, 20(1): 3-24.
7. Luttmer, Erzo F. P. 2005. "Neighbors as Negatives: Relative Earnings and Well-Being." Quarterly Journal of Economies, 120(3): 963-1002.
8. McBride, Michael. 2001. "Relative-Income Effects on Subjective Well-Being in the Cross-Section." Journal of Economic Behavior and Organization, 45(3): 251-78.
9. Ravina, Enrichetta. 2005. "Habit Persistence and Keeping Up with the Joneses: Evidence from Micro Data." Unpublished.