This paper analyses how neighbors' income affect agents' well-being using unprecedented data from the BRFSS and the … association between well-being and neighbors' income follows an inverted U-shaped pattern in the size of the area. We find a … negative relationship between well-being and neighbors' income in the county of residence, but the opposite at the ZIP code …

Income has a direct impact on our utility as well as an indirect impact through the goods, services and life events it … allows us to purchase. The indirect effect of income is not properly accounted for in existing research that uses measures of … cardinal utility for economic analysis. We propose a new approach for appropriately attributing the full effects of income on …

In normative public economics it is crucial to know how fast the marginal utility of income declines as income …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …

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 self-assessed overall health, but a large positive effect on …

The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person's well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …

concluded that divorce has little effect on women's average household income. Employing an Abadie (2003) technique that allows … us to look at the impact of marital breakup throughout the income distribution, however, we find that divorce greatly … increases the probability that a woman lives in a household with income in the bottom quartile. While women partially offset the …