Life satisfaction, consumption adequacy and social comparison in social deprivation environments
Thiago Matheus De Paula,
Verónica Peñaloza
Abstract:PurposeThis paper aims to evaluate the influence of relative social standing, society’s level of restrictions and consumption adequacy on life satisfaction as well as to examine the moderating effect that an environment of social deprivations can cause in this relationship.Design/methodology/approachThe analysis uses data from 23,152 individuals distributed in 272 regions of 18 developing countries collected from the World Values Survey (WVS). Given the hierarchical structure nature of the data in a cross-coun… Show more
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