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 …

portion of the evolution of U.S. house prices during the past 20 years can be reproduced when expectations of future income … corresponding changes in house prices, since the value of housing must be linked to expected aggregate income. Only since about 2005 …