level of life-satisfaction: income comparisons emerge as much the more important. 3) When in our U.S. analysis we introduce …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 …

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 …

. -- Happiness ; life satisfaction ; income ; disutility of labor …We reexamine the claim that the effect of income on subjective well-being suffers from a systematic downward bias if … one ignores that higher income is typically associated with more work effort. We analyze this claim using German panel …