events, tend to return to some baseline level of well-being? Although the strongest life satisfaction effect is often at the …

poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …

We use life satisfaction and Body Mass Index (BMI) information from three waves of the SOEP to test for social … in the utility function be positive. Using life satisfaction as a utility proxy, semi-parametric regressions show that … the correlation between satisfaction and own BMI is initially positive, but turns negative after some threshold …

panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life … satisfaction falls with both the incidence and intensity of contemporaneous poverty. Second, poverty scars: those who have been … poor in the past report lower life satisfaction today, even when out of poverty. Last, the order of poverty spells matters …