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| Justina A.V. Fischer and Benno Torgler |
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| ''The Effect of Relative Income Position on Social Capital'' |
| ( 2006, Vol. 26 No.4 ) |
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| This paper examines the influence of relative income position on individuals' attitudes by analyzing ISSP 1998 microdata from 25 countries along four different dimensions. Our results provide evidence for a sizeable relative income effect while also suggesting that absolute income level may be relevant. Changing the income reference group from regional to national does not significantly alter the results. |
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| Keywords: Envy |
JEL: Z1 - Cultural Economics; Economic Sociology; Economic Anthropology: General
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| Manuscript Received : Apr 26 2006 | | Manuscript Accepted : Nov 15 2006 |
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