A new GLO Discussion Paper finds that the correlation between income and satisfaction is greater for the lower-income group (the Roma) than for the higher-income group (majority population).
GLO Discussion Paper No. 898, 2021
Subjective Well-being, Income, and Ethnicity in Slovakia – Download PDF
by Želinský, Tomáš
GLO Fellow Tomas Zelinsky
This paper utilizes two measures of subjective well-being to test a hypothesis that a marginal increase in subjective well-being associated with a marginal increase in income is larger for poorer than for richer populations. This hypothesis is examined in the setting of Slovak Roma, who are poor in comparison to the non-Roma population. The results suggest that the correlation between income and satisfaction is greater for the lower-income group (the Roma) than for the higher-income group (majority population). Further, the correlation between income and emotional well-being does not differ between the two groups.
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