Scandinavian Working Papers in Economics
Working Papers in Economics,
University of Gothenburg, Department of Economics
No 475: Does relative income matter for the very poor? - Evidence from rural Ethiopia
Alpaslan Akay () and Peter Martinsson ()
Additional contact information
Alpaslan Akay: IZA (Institute for the Study of Labor), 53113, Bonn, Germany, Postal: and, Department of Economics., School of Business, Economics and Law, Göteborg University, Box 640, SE 40530 GÖTEBORG
Peter Martinsson: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: Box 640, SE 40530 GÖTEBORG
Abstract: We studied whether relative income has an impact on subjective well-being among extremely poor people. Contrary to the findings in developed countries, we cannot reject the hypothesis that relative income has no impact on subjective well-being in rural areas of northern Ethiopia.
Keywords: Absolute income; relative income; subjective well-being
12 pages, December 2, 2010
Note: Published in Economics Letters, 2011, Vol. 110, pp. 213-215.
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