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Does Relative Income Matter for the Very Poor?: Evidence from Rural Ethiopia
Alpaslan Akay, Peter Martinsson
RFF Discussion Paper EfD 08-31 | October 2008
RESEARCH TOPICS:
Abstract
We studied whether relative income has an impact on subjective well-being among extremely poor people. Contrary to the findings in developed countries, where relative income has shown a significant and negative impact on subjective well-being, we cannot reject thehypothesis that relative income has no impact on subjective well-being in rural areas of northern Ethiopia.
RELATED SUBTOPICS
Africa
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