NDLI: Life Satisfaction and Income Comparison Effects in Turkey

Content Provider	Springer Nature Link
Author	Dumludag, Devrim
Copyright Year	2012
Abstract	This paper evaluates the relative impact of different types of benchmarks such as internal and external comparisons on subjective well-being in Turkey. There are few studies on life satisfaction for Turkey and they mostly focus on the impact of socio-demographic effects on subjective well-being. The main purpose of this paper is to investigate how reference group’s self-reported life satisfaction is related to the level of consumption; as well as the level of internal and external comparisons and other socio-economic factors. The paper relies on the Life in Transition Survey (EBRD 2011), a survey conducted in late 2010 jointly by the European Bank for Reconstruction and Development and the World Bank. The survey includes 1,003 observations for Turkey. The emphasis of the paper is based on the concept of income comparisons—both to others in the relevant reference group and to oneself in the past (evaluation) and future (expectation). The main findings are; in addition to household consumption, internal and external comparisons have significant impact on life satisfaction. The impact of comparisons is asymmetric: in most cases under-performing one’s benchmark has a greater effect than out-performing it.
Starting Page	1199
Ending Page	1210
Page Count	12
File Format	PDF
ISSN	03038300
Journal	Social Indicators Research
Volume Number	114
Issue Number	3
e-ISSN	15730921
Language	English
Publisher	Springer Netherlands
Publisher Date	2012-12-07
Publisher Place	Dordrecht
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Life satisfaction Turkey Ordered logit model Relative income Sociology Quality of Life Research Microeconomics Public Health Human Geography
Content Type	Text
Resource Type	Article
Subject	Sociology and Political Science Arts and Humanities Developmental and Educational Psychology

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