life satisfaction, reference income exerts a negative effect on individual well-being, a result consistent with the …Using data from the European Social Survey (ESS), we examine the link between income and subjective well-being. We find … that, for the whole sample of nineteen European countries, although income is positively correlated with both happiness and …

-shaped consumption age profiles. The main driver behind lifecycle consumption variations are lifecycle income changes, which display … similar flattening. Employing a lifecycle model we show changes in income are sufficient to match the movements in consumption …

perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in … Austria and show that the average treatment effect of information on perceptions is mostly driven by higher income individuals … while low-income respondents hardly react. We replicate this result for the United States and Germany using data from two …

their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that … only income relative to others was related to well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …

In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for …

income maximizing level. Higher trust is also linked to more cooperative and pro-social behaviors, including the private …, our results show that individuals may enjoy being more cooperative than what would lead them to maximize their income …

study the effect of grandparents looking after grandchildren on quality of life and life satisfaction of grandparents. We … to grandfathers. The favorable effect on life satisfaction is primarily directly attributable to caring for grandchildren …

-- on children's long-term life satisfaction. The historical setting under study, namely the former German Democratic … robust positive parental leave effects on life satisfaction. We also analyze whether the increase in life satisfaction is … the increase in life satisfaction might be partially explained by personality development for individuals from low …