costs) are significantly negative. Compensating income variations reveal that the residual household income would have to be … of family constraints (of being in short/long part-time employment). Moreover, in terms of overall happiness among …

happiness? This paper will analyze the impact of a catastrophe, namely the nuclear catastrophe of Chernobyl, on life … health, employment, income, and the family situation and this relationship is apparently not disturbed by global events. Thus …

, with the predicted probability that a person is contented with his/her household income diminishing by 9.7 percentage … points. We calculate a compensating income variation of approximately one-third. That is, an increase in postgovernment … household income of more than 30% is needed to compensate for the rather drastic decline in well-being. The reasons for the …

income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well …-being depending on absolute and on relative levels of income in a dynamic framework. This finding holds after controlling for other … individual's own history as well as the relative income performance with respect to the others living in the society under …

. Next, we explain domain satisfactions and Subjective Well-Being by objectively measurable variables such as income. We …

This paper uses a set of panel data from happiness surveys, jointly with data on per capita income and pollution, to …

concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i ….e. the gaps between the individual's income and the incomes of all individuals richer/poorer than him. Operationalizing both …-being dependingmore on relative satisfaction than on absolute levels of income. This finding holds even after controlling for other …