Ingreso y bienestar subjetivo: el efecto de las comparaciones sociales
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Abstract
El análisis de la relación entre ingreso y bienestar subjetivo es relevante
para las políticas públicas. No obstante, las comparaciones sociales en ingreso
y los contactos sociales pueden ser determinantes claves del bienestar subjetivo.
Al objeto de contrastar estas hipótesis, estudiamos el efecto de diferentes
factores económicos y no económicos sobre el bienestar subjetivo utilizando
la base de datos del German Socio-Economic Panel. La metodología utilizada
es un Probit adaptado a Mínimo Cuadrados Ordinarios (POLS). Los principales
resultados muestran que el efecto del ingreso absoluto sobre el bienestar subjetivo
es diferente en función del término de comparación social considerado.
Además, el ingreso absoluto no ejerce el mayor impacto sobre el bienestar
subjetivo, sino los contactos sociales, las preocupaciones y tener un buen estado
de salud. Estos hallazgos subrayan la importancia de analizar los efectos
distributivos de los programas de gasto público, así como estudiar los efectos
de las políticas públicas sobre factores no económicos que determinan el bienestar
de las personas y la eficacia de esas políticas
For public policies purposes, the analysis of the relationship between income and subjective well-being is important. However, social comparisons in income as well as social contacts can be key determinants of subjective wellbeing. In order to test these hypotheses, we have studied the effect of different economic and non-economic factors on subjective well-being using the database of the German Socio-Economic Panel. The methodology used is a Probit adapted to Ordinary Least Square (POLS). The main results show that the effect of absolute income on subjective well-being is different depending on the variable of social comparison considered. In addition, the absolute income does not exert the greatest impact on subjective well-being, but social contacts and having a good health. These findings underscore the importance of analyzing the distributional effects of public expenditure programs, as well as studying the effects of public policies on non-economic factors that determine people’s well-being and the effectiveness of those policies
For public policies purposes, the analysis of the relationship between income and subjective well-being is important. However, social comparisons in income as well as social contacts can be key determinants of subjective wellbeing. In order to test these hypotheses, we have studied the effect of different economic and non-economic factors on subjective well-being using the database of the German Socio-Economic Panel. The methodology used is a Probit adapted to Ordinary Least Square (POLS). The main results show that the effect of absolute income on subjective well-being is different depending on the variable of social comparison considered. In addition, the absolute income does not exert the greatest impact on subjective well-being, but social contacts and having a good health. These findings underscore the importance of analyzing the distributional effects of public expenditure programs, as well as studying the effects of public policies on non-economic factors that determine people’s well-being and the effectiveness of those policies
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