Martinsson, Peter and Alpaslan Akay. 2011. “Does Relative Income Matter for the Very Poor? Evidence from Rural Ethiopia.” Economics Letters 110: 213-215.
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Does relative income have an impact on subjective well-being among extremely poor people? Contrary to the findings in developed countries, where relative income has shown a significant and negative impact on subjective well-being, this study (based on different definitions of reference groups) suggests that relative income does not affect subjective well-being among the very poor people in northern Ethiopia.
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Martinsson, Peter
- Other authors:
Akay, Alpaslan
Authors
- EEU-Sweden
Center of origin
- Behavioral Experiments