Subjective Welfare, Isolation, and Relative Consumption

Subjective Welfare, Isolation, and Relative Consumption

The recent literature has shown that subjective welfare depends on relative income. Much of the existing evidence comes from developed economies. What remains unclear is whether this is a universal human trait or an artifact of a prosperous, market-oriented lifestyle. Using data from Nepal, a mounta...

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Bibliographic Details
Main Authors: Fafchamps, Marcel, Shilpi, Forhad
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Consumer Economics: Empirical Analysis D120
Welfare Economics: General D600
Welfare and Poverty: General I300
Microeconomic Analyses of Economic Development O120
Economic Development: Human Resources
Human Development
Income Distribution
Migration O150
Online Access:http://hdl.handle.net/10986/5706

Internet

http://hdl.handle.net/10986/5706

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