Using data from the long-running German Socio-Economic Panel (SOEP) 1984-2008, this paper analyses the effects of individual preferences and choices on subjective well-being (SWB). It is shown that preferences and choices relating to life goals/values, partner's personality, hours of work,...

Previous cross-sectional and intervention studies have suggested that pet owners may enjoy better physical and mental health than non-owners. This paper presents longitudinal evidence from a major national representative longitudinal survey: the German Socio-Economic Panel (SOEP). Because the...

Social scientists and media commentators have expressed concern that Western countries are becoming two-thirds societies in which two-thirds enjoy the benefits of affluence, while one-third are locked into poverty or near-poverty. This paper, based on economic panel data, tests the two-thirds...

What has happened to incomes, inequality and satisfaction with living standards in the first stage of transition from a communist command economy to a market economy in East Germany? This paper tests six hypotheses about the transition to capitalism. Contrary to expectations, real incomes went...

Using data from the German Socio-Economic Panel (N=6950), this paper analyses equivalent income mobility in West Germany, 1984-93. Four hypotheses, derived from recent North American research and from sociological theory (stratification theory) are tested. They are: 1. that in West Germany, as...

Set-point theory has dominated the field of subjective well-being (SWB). It has served as a classic Kuhn research paradigm, being extended and refined for thirty years to take in new results. The central plank of the theory is that adult set-points do not change, except just temporarily in the...

An adequate theory of happiness or subjective well-being (SWB) needs to link at least three sets of variables: stable person characteristics (including personality traits), life events and measures of well-being (life satisfaction, positive affects) and ill-being (anxiety, depression, negative...

Using data from the long-running German Socio-Economic Panel Survey (SOEP), this paper provides evidence that life goals matter substantially to subjective well-being (SWB). Nonzero sum goals, which include commitment to family, friends and social and political involvement, promote life...