Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the … study of whether the income effect depend on a person’s happiness. In this paper we pinpoint the shortcomings of standard …

attainment ; happiness ; German Socio-Economic Panel …

We test for whether, once "basic needs" are satisfied, there is happiness adaptation to further gains in income using … greater happiness. The reason appears to be adaptation. However even for the rich half of European nations such habituation … may take over 5 years so the happiness gains that they experience, whilst not permanent, can still be relatively long …

this paper I review cross-country evidence on happiness and life satisfaction and consider whether these data will likely … be replaced by the U-index. I find that first, that there are many similarities. According to both measures happiness is … large body of data on happiness that is unavailable on the U-index. For example, according to happiness research well …

of adults from 132 countries. I analyze the data on life satisfaction (happiness) and on health satisfaction and look at … their relationships with national income, age, and life-expectancy. Average happiness is strongly related to per capita … inconsistent relationship with happiness. National income moderates the effects of aging on self-reported health, and the decline …

We study "habituation" to income and to status using individual panel data on the happiness of 7,812 people living in … Germany from 1984 to 2000. Specifically, we estimate a "happiness equation" defined over several lags of income and status and … standard deviation in income are associated with similar increases in happiness. In the long-run (five year average) a one …