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Research literature, 2 records found
Research literature 2 records found  
1.
35 p, 520.3 KB The effect of relative concern on life satisfaction : relative deprivation and loss aversion / Leites Lamela, Martin (Universidad de la República) ; Ramos Morilla, Xavier (Universitat Autònoma de Barcelona)
Income comparisons are important for individual well-being. We examine the shape of the relationship between relative income and life satisfaction, and test empirically if the features of the value function of prospect theory carry on to experienced utility. [...]
Bonn Institute for the Study of Labor 2018 (Discussion paper (Institute for the Study of Labor) ; 11404)  
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2.
49 p, 649.5 KB Intergenerational mobility and reference groups / Leites Lamela, Martin (Universidad de la República) ; Ramos Morilla, Xavier (Universitat Autònoma de Barcelona)
We model the role of reference groups as a mechanism for inequality persistence across generations. Reference group theory suggests that culturally shaped processes alter individuals' ambition. As a result, relative deprivation e ects may discourage (encourage) low-background individuals from making adequate mobility-enhancing investments. [...]
2019 (Equalitas Working Paper ; 64)  
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