Income Satisfaction and Relative Deprivation

The main objective of the study is to identify determinants of income satisfaction in Poland. For this purpose, income situation of households in relative terms is analyzed. The effects of the relative deprivation on income satisfaction in various socio-demographic groups of households are also examined. The method of partially generalized ordered logit models is used in the paper. The empirical investigation is based on data from Household Budget Survey carried out by the Polish Central Statistical Office in 2009.