Satisfaction and comparison income in Japan: Evidence from data of Japanese union workers

Takashi Saito, Atsushi Sannabe, Katsunori Yamada

研究成果: Article査読

3 被引用数 (Scopus)

抄録

This paper presents preliminary results of empirical tests for Japanese union workers on a relative utility hypothesis, along the line developed by Clark and Oswald (1996). While our results support the existence of relative utility among Japanese union workers, a caveat is presented. We argue that the traditional approach in constructing a measure of relative income might be inappropriate, at least with regard to Japanese union workers.

本文言語English
ジャーナルEconomics Bulletin
4
1
出版ステータスPublished - 2005

ASJC Scopus subject areas

  • 経済学、計量経済学および金融学(全般)

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