Layard, Peter R. G. (contributor); Mayraz, Guy (contributor) - 2009
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 …