Does Relative Income Matter for the Very Poor?: Evidence from Rural Ethiopia

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Date

Oct. 15, 2008

Authors

Alpaslan Akay and Peter Martinsson

Publication

Working Paper

Reading time

1 minute
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.

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Authors

Alpaslan Akay

Peter Martinsson

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