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dc.contributor.authorCaporale, G.M.
dc.contributor.authorGeorgellis, Y.
dc.contributor.authorTsitsianis, N.
dc.contributor.authorYin, Y.P.
dc.date.accessioned2011-05-16T09:22:17Z
dc.date.available2011-05-16T09:22:17Z
dc.date.issued2009
dc.identifier.citationCaporale , G M , Georgellis , Y , Tsitsianis , N & Yin , Y P 2009 , ' Income and happiness across Europe : do reference values matter? ' , Journal of Economic Psychology , vol. 30 , no. 1 , pp. 42-51 . https://doi.org/10.1016/j.joep.2008.06.004
dc.identifier.issn0167-4870
dc.identifier.otherPURE: 83751
dc.identifier.otherPURE UUID: f366d157-74b3-43e2-b08e-80cda71150fb
dc.identifier.otherdspace: 2299/5801
dc.identifier.otherScopus: 58549117085
dc.identifier.urihttp://hdl.handle.net/2299/5801
dc.descriptionOriginal article can be found at : http://www.sciencedirect.com/ Copyright Elsevier [Full text of this article is not available in the UHRA]
dc.description.abstractUsing cross-sectional data from the first two rounds of the European Social Survey (ESS), we examine the relationship between income, relative income and happiness across 19 European countries. We find that a positive and statistically significant relationship between income and happiness does exist, but such a relationship is weakened by reference income. We also find that while reference income exerts a negative impact on happiness in the case of Western European countries, its effect is positive in the case of the Eastern European countries, a finding that is consistent with the ‘tunnel effect’ hypothesis. This suggests that for Eastern Europeans reference income is likely to be a source of information for forming expectations about their future economic prospects, rather than a yardstick measure for social comparisons.en
dc.language.isoeng
dc.relation.ispartofJournal of Economic Psychology
dc.subjectcomparison income
dc.subjectreference groups
dc.subjecthappiness
dc.subjectlife satisfaction
dc.titleIncome and happiness across Europe : do reference values matter?en
dc.contributor.institutionHertfordshire Business School
dc.contributor.institutionCentre for Research on Management, Economy and Society
dc.contributor.institutionFinance and Accounting Research Unit
dc.contributor.institutionSocial Sciences, Arts & Humanities Research Institute
dc.contributor.institutionDepartment of Accounting, Finance and Economics
dc.description.statusPeer reviewed
dc.relation.schoolHertfordshire Business School
dcterms.dateAccepted2009
rioxxterms.versionVoR
rioxxterms.versionofrecordhttps://doi.org/10.1016/j.joep.2008.06.004
rioxxterms.typeJournal Article/Review
herts.preservation.rarelyaccessedtrue


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