EconPapers    
Economics at your fingertips  
 

Economic satisfaction and income rank in small neighbourhoods

Andrew Clark (), Nicolai Kristensen and Niels Westergård-Nielsen
Additional contact information
Nicolai Kristensen: Danish Institute of Governmental Research - AKF, Aarhus University [Aarhus]
Niels Westergård-Nielsen: IZA - Institute for the Study of Labor - IZA, Danish Institute of Governmental Research - AKF, Aarhus University [Aarhus]

Working Papers from HAL

Abstract: We contribute to the literature on well-being and comparisons by appealing to new Danish data dividing the country up into around 9000 small neighbourhoods. Administrative data provides us with the income of every person in each of these neighbourhoods. This income information is matched to demographic and economic satisfaction variables from eight years of Danish ECHP data. Panel regression analysis shows that, conditional on own household income, respondents report higher satisfaction levels when their neighbours are richer. However, the individuals are rank-sensitive: conditional on own income and neighbourhood median income, individuals are more satisfied as their percentile neighbourhood ranking improves. A ten percentage point rise in rank (i.e. from 40 th to 20 th position in a 200-household cell) is worth 0.11 on a one to six scale, which is a large marginal effect in satisfaction terms.

Keywords: satisfaction; neighbours; income comparisons; geo-coded data (search for similar items in EconPapers)
Date: 2008-09
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00586254
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
https://halshs.archives-ouvertes.fr/halshs-00586254/document (application/pdf)

Related works:
Journal Article: Economic Satisfaction and Income Rank in Small Neighbourhoods (2009) Downloads
Working Paper: Economic satisfaction and income rank in small neighbourhoods (2009)
Working Paper: Economic satisfaction and income rank in small neighbourhoods (2009)
Working Paper: Economic satisfaction and income rank in small neighbourhoods (2008) Downloads
Working Paper: Economic Satisfaction and Income Rank in Small Neighbourhoods (2008) Downloads
Working Paper: Economic Satisfaction and Income Rank in Small Neighbourhoods (2008) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-00586254

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2020-06-02
Handle: RePEc:hal:wpaper:halshs-00586254