Clark, Andrew E.; Conchita D’Ambrosio; Ghislandi, Simone - Society for the Study of Economic Inequality - ECINEQ - 2013
We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 42,500 individuals living in Germany from 1992 to 2010 to uncover four empirical relationships. First, life satisfaction falls with both the incidence and intensity...