Subjective well-being and the gender composition of the reference group: Evidence from a survey experiment
Elena Fumagalli and
Laura Fumagalli
Journal of Economic Behavior & Organization, 2022, vol. 194, issue C, 196-219
Abstract:
This paper tests how people’s subjective well-being reacts when they compare themselves with other people of the same gender, and if this reaction differs between women and men. We implement a randomized control trial prompting some respondents to compare themselves with people of the same gender and leaving the reference group of others unconstrained. Treated women report higher income and leisure satisfaction. Evaluating satisfaction in relation to a given reference group may be cognitively demanding. When accounting for this, we find that the treatment also increases women’s health satisfaction. No or small effects are found for men, suggesting that the reference group affects subjective well-being reporting of men and women differently.
Keywords: Gender differences; Well-being; RCT (search for similar items in EconPapers)
JEL-codes: C99 I31 J16 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:194:y:2022:i:c:p:196-219
DOI: 10.1016/j.jebo.2021.12.016
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