We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions …-cycle theory. For retirees we also find significant effects of the income reduction at retirement on housing. However, the effects …

also of subsequent generations. Little comparative work exists for Europe's largest economies. France, Germany and the …

according to income levels and gender. This paper is based on the National Household Sample Survey (PNAD) carried out by the … (MAs) in the country, than the in the other MAs. Second, workers in the poorest population segment (1st income decile … times. However, these worsening conditions have been more pronounced in the 1st income decile and especially the 7th-10th …

Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own … income. 2) In the West German Socio-Economic Panel since 1984 the same is true but with lifesatisfaction as the dependant …

economic geography models for the distribution of income and production across space. The discussion highlights connections …

In questions inserted into the 2008 module of the German-Socio Economic Panel we ask subjects to report their income … data we are able to study how important income comparisons are to subjective well-being, and which comparisons are … relatively more important. We find substantial gender differences, with income comparisons being much better predictors of …