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

Does happiness vary with age? The evidence is inconclusive. Some studies show happiness to increase with age (Diener et … Christian, 1998; Blanchflower and Oswald, 2008) or highest happiness levels occurring during middle age (Easterlin, 2006 … and cohorteffects. Secondly, all empirical research lacks a theoretical explanation as to why age affects happiness. The …

attaches to income comparisons with reference groups, the lower his or her life satisfaction. Income relative to neighbors and … colleagues only affected life satisfaction when the respondent perceived such reference groups to be relevant in income …Despite the relatively extensive research on pay levels and the consequences of income disparities, little is known …

empirical test of this assumption. Our matching-based estimation reveals satisfaction trajectories of women who experience the …-reported satisfaction measures from a long-running German panel survey, the Socio-Economic Panel Study (SOEP), the present study conducts an … death of their spouse and identifies the causal effect of widowhood. The average level of satisfaction in a control group of …