@article{Zhao2012,
	title = {Economic inequality, status perceptions, and subjective well-being in {China}'s transitional economy},
	volume = {30},
	issn = {02765624},
	url = {http://dx.doi.org/10.1016/j.rssm.2012.07.001},
	doi = {10.1016/j.rssm.2012.07.001},
	abstract = {Situated in the dynamic institutional environment of China's transitional economy, this study investigates the intricate relationships among economic inequality, status perceptions, and subjective well-being. Empirical evidence is drawn from national survey data collected from urban China. Statistical analyses show that multiple indicators of economic well-being exert a significant effect on self-perceived social status and status change and on subjective well-being. Positive status perceptions further enhance one's subjective well-being. Some of these effects are also moderated by contextual inequality. This study advances the literature by moving beyond income-based measures to examine the consequences of economic disparity. It also shows that status perceptions are the key nexus to probe the impacts of economic well-being and the sources of life satisfaction. Findings further direct our attention to important interplays between the individual-level socioeconomic conditions and the contextual inequality in achieving a deeper understanding of the consequences of socioeconomic inequality. © 2012 International Sociological Association Research Committee 28 on Social Stratification and Mobility.},
	number = {4},
	journal = {Research in Social Stratification and Mobility},
	author = {Zhao, Wei},
	year = {2012},
	note = {Publisher: Elsevier Ltd
ISBN: 0276-5624},
	keywords = {China, Contextual inequality, Economic inequality, Market transition, Social status, Subjective well-being, economic inequality, social status},
	pages = {433--450},
}

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