This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift …. The individual's rank in the income distribution is a stronger determinant of effort than others' average income …: those who received higher income offers or had higher income rank in the past exert lower levels of effort for a given …

between children and subjective well-being is positive only in developed countries, and for those who become parents after the …There is mixed evidence in the existing literature on whether children are associated with greater subjective well … age of 30 and who have higher income. We also provide evidence of a positive selection into parenthood, whereby happier …

income and parental education) remain good predictors of well-being over 50 years later. In terms of the proximal covariates …

-employed (those whose parents were not self-employed) are more satisfied overall than are the second-generation self-employed. We … their parents, as well as parental transfers which loosen the self-employment participation constraint. This result is found … in both pooled and panel analysis. -- Satisfaction ; self-employment ; parents ; intergenerational comparisons …

We use British panel data to determine the exogenous impact of income on a number of individual health outcomes … allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely … exogenous. Positive income shocks have no significant effect on general health, but a large positive effect on mental health …