Freustrated Achievers
Winners, Losers, and Subjective Well-Being in Peru’s Emerging Economy
Bibliographic Data
| ID | 9750239 |
|---|---|
| Authors | C Graham (0000-0001-6088-1960, Inter-American Development Bank, corresponding author), Stefano Pettinato (He has completed graduate studies in development economics from the University of Florence and obtained an MA from Johns Hopkins University) |
| Year | 2006 |
| Volume | 606 |
| Issue | 1 |
| Pages | 128-153 |
| Publication date | 2006-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Annals of the American Academy of Political and Social Science (JOURNAL) |
| Journal identifiers | ISSN: 0002-7162 • E-ISSN: 1552-3349 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/0002716206288192 |
| OpenAlex | W2101369503 |
| Language | EN |
| Citations received | 5 |
| References cited | 33 |
The literature on subjective well-being has focused primarily on the developed economies. The authors provide empirical evidence from a developing country, Peru. Their results—and in particular a strong negative skew in the assessments of the respondents with the greatest income gains—support the importance of relative rather than absolute income differences. Among other factors, they attribute their results to shifts in reference norms and to macroeconomic volatility. Relative differences seem to matter more for those in the middle of the distribution than for the very wealthy or the very poor. Respondents were more critical in assessing their progress vis-à-vis others in their country versus those in their community. The frustrations that the authors find among the upwardly mobile may have implications for the future economic and political behavior of a group that is critical to the sustainability of market policies
Demographic economics · Developing country · Distribution (mathematics · Economic growth · Economics · Economy · Empirical evidence · Financial economics · Income distribution · Inequality · Political science · Politics · Sustainability · Volatility (finance · Financial Literacy, Pension, Retirement Analysis · Income, Poverty, and Inequality · Psychological Well-being and Life Satisfaction
Income, saving, and the theory of consumer behavior
Satisfaction and Happiness
Economic Reform and the Process of Global Integration
Happiness, Markets, and Democracy
Adaptation and scale of reference bias in self-assessments of quality of life
Inequality and Growth Reconsidered
Social Mobility and Redistributive Politics
Will raising the incomes of all increase the happiness of all?
Change in the Perception of the Poverty Line during Times of Depression
World Development Indicators 2000
Handbook of Income Inequality Measurement
Satisfaction and comparison income
Opportunistic Government or Sustaining Reform? Electoral Trends and Public-Expenditure Patterns in Peru, 1990-1995
The changing tolerance for income inequality in the course of economic development
Intertemporal Choice and Inequality
The Economics of Welfare
The three worlds of welfare capitalism
Social Theory and Social Structure
Does Social Capital Have an Economic Payoff? A Cross-Country Investigation
The Changing Tolerance for Income Inequality in the Course of Economic Development
From Homo Economicus to Homo Sapiens
Subjective well-being
Russia's Virtual Economy
The relationship between income and subjective well-being
Satisfaction and happiness
Is happiness relative
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,33 |
| Citation span | 2011 - 2022 (12) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |