Income distribution, happiness and satisfaction: A direct test of the interdependent preferences model

Tomes, Nigel

doi:10.1016/0167-4870(86)90032-2

Cited by 88 publications

(73 citation statements)

References 15 publications

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“…The assumption of altruistic (or caring) preferences is common in the context of family members (see, e.g., Becker 1974, 1981, Tomes 1986). Thus, in the presence of direct utility interdependence, we hypothesize a spillover onto one's own well-being if the partner's well-being is negatively affected by a working time mismatch.…”

Section: Hypothesis 3 One Partner's Working Time Arrangements May Spimentioning

confidence: 99%

Working time preferences, hours mismatch and well-being of couples: Are there spillovers?

Wunder

Heineck

2013

Labour Economics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in SOEPpapers on Multidisciplinary Panel Data Research at DIW BerlinThis series presents research findings based either directly on data from the German SocioEconomic Panel Study (SOEP) or using SOEP data as part of an internationally comparable data set (e.g. CNEF, ECHP, LIS, LWS, CHER/PACO). SOEP is a truly multidisciplinary household panel study covering a wide range of social and behavioral sciences: economics, sociology, psychology, survey methodology, econometrics and applied statistics, educational science, political science, public health, behavioral genetics, demography, geography, and sport science.The decision to publish a submission in SOEPpapers is made by a board of editors chosen by the DIW Berlin to represent the wide range of disciplines covered by SOEP. There is no external referee process and papers are either accepted or rejected without revision. Papers appear in this series as works in progress and may also appear elsewhere. They often represent preliminary studies and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be requested from the author directly.Any opinions expressed in this series are those of the author(s) and not those of DIW Berlin.Research disseminated by DIW Berlin may include views on public policy issues, but the institute itself takes no institutional policy positions. AbstractWe analyze how well-being is related to working time preferences and hours mismatch. Selfreported measures of life satisfaction are used as an empirical approximation of true wellbeing. Our results indicate that well-being is generally lower among workers with working time mismatch. Particularly underemployment is detrimental for well-being. We further provide first evidence on spillovers from the partner's working time mismatch. However, the spillover becomes insignificant once we control for the partner's well-being. This suggests that well-being is contagious, and the spillover is due to interdependent utilities. Females experience the highest well-being when their partner is working full-time hours. Male wellbeing is unaffected over a wide interval of the partner's working hours.

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Section: Hypothesis 3 One Partner's Working Time Arrangements May Spimentioning

confidence: 99%

Working time preferences, hours mismatch and well-being of couples: Are there spillovers?

Wunder

Heineck

2013

Labour Economics

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“…Tomes, 1986;Haller and Hadler, 2006). 'Subjective well-being' then, as a more general term, is more likely to represent the 'experienced utility' (Lelkes, 2006b), and hence, a retrospective judgement through the prism of personality, an opinion about the utility received.…”

Section: Terminologymentioning

confidence: 99%

Surveying transitional experience and subjective well-being: Income, work, family

Selezneva

2011

Economic Systems

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Working PaperSurveying transitional experience and subjective well-being: Income, work, family Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

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“…There is also a large body of direct and indirect empirical evidence in support of this fundamental hypothesis. See, for instance, Easterlin (1974), Kapteyn and Wansbeek (1982), van de Stadt, et al (1985), Tomes (1986), and Clark and Oswald (1996). Frank (1985, p. 5) notes that``.…”

Section: Introductionmentioning

confidence: 99%

Negatively interdependent preferences

Ok¹,

Koçkesen²

2000

Social Choice and Welfare

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Abstract. We develop a theory of representation of interdependent preferences that re¯ect the widely acknowledged phenomenon of keeping up with the Joneses (i.e. of those preferences which maintain that well-being depend oǹ`r elative standing'' in the society as well as on material consumption). The principal ingredient of our analysis is the assumption that individuals desire to occupy a (subjectively) better position than their peers. This is quite a primitive starting point in that it does not give any reference to what is actually regarded as``status'' in the society. We call this basic postulate negative interdependence, and study its implications. In particular, combining this assumption with some other basic postulates that are widely used in a number of other branches of the theory of individual choice, we axiomatize the relative income hypothesis, and obtain an operational representation of interdependent preferences.

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Income distribution, happiness and satisfaction: A direct test of the interdependent preferences model

Cited by 88 publications

References 15 publications

Working time preferences, hours mismatch and well-being of couples: Are there spillovers?

Working time preferences, hours mismatch and well-being of couples: Are there spillovers?

Surveying transitional experience and subjective well-being: Income, work, family

Negatively interdependent preferences

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