Misery loves company: Exogenous shocks in retirement expectations and social comparison effects on subjective well-being

This study investigates the effects of social comparisons accompanying a substantial reform of the Dutch pension system on the job satisfaction of workers who are close to retirement. The reform implies that public sector workers born on January 1, 1950, or later face a substantial reduction in thei...

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Bibliographic details
Volume: 6863
Main Author: Montizaan, Raymond
Vendrik, Maarten C. M
Format: Paper
Language: English
Place of publication: Bonn Institute for the Study of Labor (IZA) 2012
published in: Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit Vol. 6863
Data of publication: 2012
Subjects:
Online Access: Fulltext
Database: EconStor
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